Champagne battle bubbles with key bank

Article Abstract:

Credit Agricole is forming an alliance with approximately 40 members of the Tattinger family to buy back the champagne brand that bears their name. Starwood Capital purchased the brand for 2.86 billion Euros ($3.5 billion) in July and the winery is expected to come back on the block in January for 500 million Euros ($592 million).

France, Wine industry, Wineries, Starwood Capital Group L.P.

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U.K.'s Barratt offers to buy a local rival

Article Abstract:

Barratt Developments PLC of the United Kingdom has bid 2.2 billion Pounds ($4.33 billion) for rival Wilson Bowden PLC also of the United Kingdom. Barratt Developments PLC is offering 950 Pence per share at a 23 percent premium. The created synergy would be the largest housing developer in the United Kingdom.

United Kingdom, Financial report, Wilson Bowden PLC, Barratt Developments PLC

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Dubai builder moves in with deal for U.S. firm

Article Abstract:

Emaar Properties PJSC of United Arab Emirates is to acquire John Laing Homes for $1.05 billion. The purchase of the luxury home real estate developer forecasts increasing rates of consolidation in the industry.

United Arab Emirates, Emaar Properties, John Laing Homes

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