Unstructured Finance

Deals wrap: Blackstone expands property empire

February 28, 2011

CENTRO/SHARESBlackstone has struck a deal to buy nearly 600 U.S. shopping malls and other properties from Australia’s Centro Property Group for about $9.4 billion, a person with direct knowledge of the transaction told Reuters on Monday.

Investing in Egypt after the revolution: A fund manager’s view

February 25, 2011

Traders work at the Egyptian stock market in Cairo October 28, 2008. REUTERS/Amr Dalsh (EGYPT)

Traders work at the Egyptian stock market in Cairo October 28, 2008. REUTERS/Amr Dalsh (EGYPT)

Railway budget: Reactions from the common man

February 25, 2011

Railways Minister Mamata Banerjee unveiled a populist budget on Friday that froze both passenger and freight fares, disappointing hopes for major reform in a lagging sector key to the country’s infrastructure growth.

Deals wrap: The biggest company you never heard of

February 25, 2011

A worker of the Philippine Associated Smelting and Refining Corp. takes an anode sample at the copper smelting plant in central Philippines.  REUTERS/Cheryl RaveloGlencore is Switzerland’s top-grossing company and has been compared with investment banking giant Goldman Sachs. It’s the biggest company you never heard of.

Deals wrap: Sexy but risky IPO

February 24, 2011

Formula One team Williams is on the final straight toward its market debut next week, the first of its kind to float, and while its novelty will attract some, others are unconvinced by the investment case.

Deals wrap: A second NYSE bidder?

February 23, 2011

A pedestrian walks past the NASDAQ building in New York City, April 30, 2010. REUTERS/Lucas JacksonNasdaq OMX Group could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said.

Deals wrap: Betting big on gas

February 22, 2011

BHP Billiton struck a deal to buy shale gas reserves from Chesapeake Energy for $4.75 billion, pitting itself against oil giants and China in the battle for the fast-growing energy source in North America.