Posts Tagged “buy”

Mall owner Simon Property Group to buy rival Taubman Centers in $3.6 billion deal

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Mall owner Simon Property Group to buy rival Taubman Centers in $3.6 billion deal

Taubman Centers shares skyrocketed Monday after the mall owner agreed to be bought by larger rival Simon Property Group in a deal valued at $3.6 billion. The companies said Simon plans to acquire Taubman’s stock for $52.50 a share, or a 51% premium to where Taubman shares closed on Friday. The news sent Taubman’s stock soaring up 52%…

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Auto loan vs personal loan: Which is a better option to buy a new car?

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Auto loan vs personal loan: Which is a better option to buy a new car?

Car makers offer big discounts and other consumer benefits such as exchange bonus and free accessories in the month of December Representative image  |  Photo Credit: BCCL New Delhi: Car makers generally offer attractive deals in the month of December. Plus, interest rates on bank loans have dropped, and dealers want to liquidate year-end stocks by…

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Why you shouldn’t rush to buy property in J&K

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Why you shouldn’t rush to buy property in J&K

Now that Article 35A, a law that debarred non-residents of Jammu and Kashmir from buying properties in the erstwhile state, has been revoked, people from other states can own immovable property in the newly carved Union territory. However, there’s not much clarity on how the move will pan out for investors. Two days after Article…

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

New Delhi: US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in Zee Entertainment Enterprises Ltd (ZEEL), the flagship media company of Subhash Chandra’s Essel Group. The stake sale will be for a total consideration value of up to ₹4,224 crore, the company said in a press statement. The proceeds from the stake sale will go…

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Is it the right time to buy gilt funds?

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Is it the right time to buy gilt funds?

In an environment where many debt fund categories are under pressure, gilt schemes have had a solid run over the past one year – delivering 11-18 per cent returns, a bit more in the case of direct plans. Even longer term performances over three and five years looks good, with many schemes turning in near…

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