PAI Partners purchases R&R Ice Cream for Eur235 million paid through a payment in kind toggle note. PAI Partners, the private equity firm is financing its acquisition of R&R Ice Cream from its owners Oaktree.

The capital gains tax bill would be one of the issues in the buyout bid, should it happen, of Verizon for Vodafone in Verizon Wireless.

Majid Al Futtaim is discussing with the Mansour Group for the purchase of the Metro Chain and Kheir Zaman discount grocery store.

Rentokil sells City Link for a ceremonial 1 British Pound to Better Capital Investment Fund. Rentokil Initial Plc share values increased tthe highest in two years after its disposal of City Link Express delivery business.

Ista, the German metering company, will be marketing its loan bond issue worth Eur1.5 billion. The German metering company Ista International GmBH recently purchased by CVC Capital Partners has commenced marketing activities for its Eur1.

Telecom Ltd purchases Revera Ltd for NZ$96.5 million. Telecom New Zealand Ltd announced last Monday that it is acquiring Revera Ltd, a privately owned IT infrastructure and data center based in Auckland, NZ.

Bayer AG purchases US contraceptive maker Conceptus. Bayer AG of Germany has entered into an agreement to purchase Conceptus, the American contraceptives maker for US$1.

Sumitomo of Japan would be purchasing shares owned by TPG Capital in BTPN Bank of Indonesia. Sumitomo Mitsui Banking Corp of Japan is in discussion to purchase a US$1.

Barron's the financial paper, has said that Dell shareholders still stand to earn from the Dell-Silver Lake leveraged buyout deal.

Telenor ASA purchases HTO's Bulgarian mobile unit. The biggest telecommunications operator in the Nordic region Telenor ASA has entered into an agreement to purchase Hellenic Telecommunications Organization SA's Bulgarian mobile subsidirary for Eur717 million or US$934 million.