American Realty Capital Properties said it would be buying Cole Real Estate Investments in a cash or stock deal worth USD11.2 billion.

People with knowledge of the transaction said the Yue Xiu Group was nearing a deal to buy Hong Kong-based Chong Hing Bank.

The acquisition of the GE Power & Water business by APR Energy Plc would also make General Electric Co a strategic investor in the temporary power provider.

Hong Kong billionaire Li Ka-shing was reportedly amassing funds from divestment in preparation for strategic acquisitions in Europe.

Grupo BTG Pactual was reportedly working up a bid to purchase the commodities unit of JPMorgan Chase & Co.

Sources disclosed to Reuters that Cerberus Capital Management LP and other buyout firms were interested in acquiring Safeway Inc.

With the increasing competition from both high-end and mass retailers, US mainstream grocery chains had been selling off business units to private equity firms.

After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.

While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.

Google Inc confirmed reports of it acquiring French startup FlexyCore, the maker of Android performance booster technology DroidBooster.