Spaniards buy Oxy Capital resort in Vilamoura

Spaniards buy Oxy Capital resort in Vilamoura

Oxy Capital has entered into an agreement with Spanish company HIP (Hotel Investment Partners) for the sale of The Lake Spa Resort hotel, located in Vilamoura, which until now was being managed by venture capital firm Blue & Green. The Aquarius fund manager,...
Blackstone Nears Deal to Buy Stake in Allcargo’s Unit

Blackstone Nears Deal to Buy Stake in Allcargo’s Unit

Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for 3.8 billion rupees ($54 million) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market. Allcargo’s board approved the...
Goldman Sachs overtakes JPMorgan as top bank M&A adviser

Goldman Sachs overtakes JPMorgan as top bank M&A adviser

Goldman Sachs has unseated rival JPMorgan Chase to become the lead adviser in the financial services sector, according to new research. The U.S. investment bank climbed four places in the league tables compiled by GlobalData, which tracks M&A, private equity,...