UC Funding granted a USD 9.94 million bridge loan to real estate developers in Norfolk, VA. Capital solutions provider UC Funding structured the funding of a bridge loan to real estate developers in Norfolk, Virginia worth USD 9.

Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.

A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.

Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.

Ashland Inc may opt for divestment of elastomers and water-treatment businesses. Ashland Inc. (ASH) has announced plan to divest an elastomers unit and possible sale of a water-treatment business, moves that could cut around US$2 billion from the American chemical company's revenue.

Graña y Montero revealed that it had raised up to US$413 million in their IPO. Graña y Montero, the biggest construction and engineering firm in Peru, announced that it had raised around US$413 million in its market debut on the New York Stock Exchange.

New sales of homes in the U.S. rose by 8.3% despite higher mortgage rates. Sales of single-family homes in the United States increased by 8. 3% despite higher mortgage rates, the Commerce Department revealed in a Reuters report.

Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.

Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.

Salvatore Ferragamo SpA and Tod's SpA were expected to pursue growth through deals with LVMH and Gucci-owner Kering SA.