The planned merger of UK's Pearson's Penguin and Germany's Bertelsmann's Random House unit is expected to receive approval from the European Union

Australian regulators have approved the Qantas-Emirates international flights scheme. Australian anti-trust regulators have cleared the tie up between Qantas Airways Ltd and Emirates on international flights.

The pending sale of Printemps has worried union representatives as to possible job cute. Printemps, the French department store, is now nearing completion of its sale to Qatari investors, The projected deadline is as early as this summer with the timetable for the deal now being prepared for the staff.

CBS and Lionsgate form a joint venture to acquire cable company TVGN and its website TVGuide.com. Lionsgate and CBS Corp have teamed up to operate the cable network TVGN and its website TVGuide.

The owners of the Atlantis in Dubai resorts have finalized a debt restructuring deal. In an announcement, Kerzner International Hotels Ltd has completed a deal to restructure its US$145 million debt.

The world's largest chipmaker is finalizing terms with media outlets as to a new pay per tv service.

CVC Capital partners would be selling off its shareholdings in the Belgian Postal Service or Bpost. CVC Capital Partners, the private equity group, is now preparing to sell to the market twenty five to thirty percent of the Belgian Postal Service.

KKR has agreed to sell to Temp Holdings its interest over Intelligence Holdings. KKR & Co has entered into an agreement to sell Intelligence Holdings for 68 billion yen or US$721 million.

After so many years, the two major firms namely Roland Berger and Deloitte have been talking merger.

Next Media's pending sale was held back by protests and other hindrances. Jimmy Lai, the Hong Kong billionaire, has offered his Taiwanese newspaper and magazine for sale but did not push through.