Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.

The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.

Burlington Holdings Inc. announced its planned initial public offering to raise as much as US$175 million.

Nearly two dozen senators urged careful review of the Smithfield-Shuanghui deal stating issues on national security and increased foreign ownership of US foodmakers.

The New York Times Co received multiple bids for The Boston Globe according to sources familiar with the auction.

Rona Inc, in a bid to be more competitive, is further cutting back on overheads and salaries. (Photo : Reuters)The image is the corporate logo of Rona Inc.

Expera Specialty Solutions acquired Wausau Paper (Photo : Reuters)This is the logo of Wausau Paper. Towel and tissue products producer and distributor Wausau Paper agreed to a deal with Expera Specialty solutions which includes the sale of its specialty paper business.

DriveCam, a California based firm that develops technology focusing in curbing driver errors was in discussion with banks for an initial public offering.

US technology products retailer, CDW announced cut down on the size and price of its initial public offering.

ADM proposed takeover deal of GrainCorp overcame its first regulatory hurdle with the Australian watchdog.