Shareholders of Inmobiliara Colonial SA, Spain’s largest publicly traded developer, will vote today on a proposal by a group of investors led by Grupo Villar Mir to invest in the company through a capital increase.
Inmobiliaria Colonial SA fell the most since June 2012 in Madrid trading after Spain’s second- largest publicly traded property developer announced a plan to increase capital by as much as 1 billion euros ($1.4 billion).
Six decades ago, as a recent college graduate working for his father-in-law’s soft-drinks company, Carlos Ardila Lulle came up with a fizzy, pink, apple-flavored concoction that started outselling all of their other products.
Capstone Mining Corp. , a Vancouver- based copper producer, said it agreed to buy Far West Mining Ltd. for C$725 million ($756 million) in cash and stock, gaining a project that it said could triple copper production by 2016.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
The Justice Department’s $13 billion mortgage securities settlement with JPMorgan Chase & Co. is a record and also a rarity -- Attorney General Eric Holder’s first big win against a bank at the heart of 2008’s financial crisis.