A Hong Kong property developer has confirmed the near completion of its almost $1.5 billion purchase of London’s “Cheesegrater” tower, as it takes advantage of the pound’s slump to snap up addresses in the British capital. C C Land’s acquisition of the 224-metres-high Leadenhall Building, which earned its nickname from its wedge shape, is the … Read more
A South African private equity firm has acquired the Kenyan unit of global insurance broker Aon for an undisclosed amount. Johannesburg-based Capital works have bought out Aon interests in Aon Kenya, a firm which offers insurance brokerage services as well as human resource consulting. The buyout was part of an acquisition spanning 10 Aon units … Read more
They typically seek to sell ownership of such assets at a big profit a few years after they invest. Insurance broker Aon PLC (AON. N) said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP (BX.N) for $4.3 billion in cash. Aon could get … Read more
Paul Pogba has completed a cut-price transfer… for his new £2.9million Cheshire home. The Manchester United midfielder has secured himself a new base within a 20-minute drive of the club’s training ground – and at £600,000 under the asking price. The five-bedroom property boasts luxuries including a heated indoor swimming pool, saunas, and his own … Read more