Simon Properties acquires General Growth Properties (Headlines)
Simon Properties yesterday made an unsolicited $10bn bid for General Growth Properties, a rival mall operator that is trying to emerge from bankruptcy protection.
Spain tightens proposed hedge fund rules (Headlines)
European Union president Spain tightened proposed rules to regulate hedge funds and private equity groups, prompting accusations of protectionism from within the industry.
EU plans would limit investors to 40 per cent of hedge funds (Headlines)
Bloomberg reports that as many as 40 percent of the worldâ??s hedge funds wonâ??t have access to European Union investors if EU plans to oversee funds and private equity are passed in their current form, citing an official at Britainâ??s regulator.
Hedge funds sue Porsche over failed VW takeover (Headlines)
Four hedge funds - Elliott, Glenhill, Glenview and Perry Capital â?? filed a lawsuit at the New York Southern District Court on Monday, in an attempt to recoup large losses suffered by them after a VW share price surge triggered by Porscheâ??s takeover attempt of Europeâ??s largest carmaker.