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Starwood to buy Canada’s Milestone Apartments REIT in $2.9 billion deal

January 19, 2017 by · Leave a Comment 

(Reuters) – A unit of private investment firm Starwood Capital Group said it would buy Canada's Milestone Apartments Real Estate Investment Trust in a deal valued at about $2.85 billion. Starwood Capital will pay $16.15 in cash per Milestone Apartments unit, the REIT said. Based on current exchange rates the offer equates to about C$21.47 per Milestone Apartments unit, which is a premium of 9.2 percent to the unit's close of

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Starwood to buy Canada’s Milestone Apartments REIT in $2.9 billion deal

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Exclusive: Pentagon, Lockheed near deal on $9 billion F-35 contract – sources

January 19, 2017 by · Leave a Comment 

The U.S. Department of Defense and Lockheed Martin Corp are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time, people familiar with the talks said Wednesday. The F-35, the Pentagon's costliest arms program, has drawn fire from U.S. President-elect …

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Exclusive: Pentagon, Lockheed near deal on $9 billion F-35 contract – sources

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China says can resolve trade disputes with new U.S. government

January 19, 2017 by · Leave a Comment 

China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticised China's trade practices and threatened to impose punitive tariffs on Chinese imports…

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China says can resolve trade disputes with new U.S. government