The California Public Employees’ Retirement System bought 345 apartments in two adjacent Manhattan towers from a partnership including Carlyle Group LP, gaining rentals in New York as lease rates approach a peak.
Debevoise & Plimpton LLP named Mary Beth Hogan co-chairwoman of the firm’s litigation department, replacing Mary Jo White, who was confirmed by the U.S. Senate last month to lead the Securities and Exchange Commission.
Thermo Fisher Scientific Inc. is the leading bidder for Life Technologies Corp., having won exclusive negotiating rights over the weekend with a bid for more than $75 a share, said two people familiar with the matter.
Carlyle Group LP, the world’s second-biggest private-equity firm by assets, plans to raise a 300 million-euro ($392 million) collateralized loan obligation for its first European deal since 2008, according to three people with knowledge of the matter.
Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. were among at least 15 financial companies that received potentially market-moving Federal Reserve information 19 hours before the public in a release the central bank called a mistake.
Banks including Citigroup Inc. and Goldman Sachs Group Inc., along with congressional staff members and trade groups, received potentially market-moving Federal Reserve information 19 hours before the public in a release the central bank called accidental.
Life Technologies Corp. got takeover offers from a private-equity group including Blackstone Group LP, and from Thermo Fisher Scientific Inc., for as much as $11.8 billion, said people familiar with the matter.