China Fishery Group offered to purchase Copeinca, thus moving the Peruvian firm to seek proper financial advice.

Hess sells of Hetco, its energy trading subsidiary. Hess Corp will be selling off its energy trading arm Hetco to precipitate its exit from the gasoline and marketing industry by the year 2015.

BP loses bids on Arctic oil exploration. According to sources, British Petroleum, who lost its first deal to drill oil in Arctic Russia to rival ExxonMobil again was beaten out by the same rival when it tried to negotiate a deal with Russian oil giant Rosneft.

News Corp sells off interest in Sky TV New Zealand. New Zealand's top television operator, Sky Network Television Ltd has confirmed that is near majority shareholder News Corp would be selling off its 44% stake in the company.

U.S. silver mining company Hecla Mining Co. is set to buy Aurizon Mines Ltd. as part of its attempt to gain access to a Quebec gold mine.

A Qatari and UAE consortium would offer to purchase Arsenal FC from Stan Kroenke. A consortium of investors from Qatar and the UAE are preparing to bid for English Premier League football club Arsenal.

Agaoglu to float sukuk or Islamic bonds. One of Turkey's largest construction and real estate firms, Agaoglu Group is in the midst of planning the issuance of US$2 billion worth of sukuk or Islamic bonds.

Zain Iraq's IPO would lower Zain Kuwait's stake in company. Zain, Kuwait's largest telecommunications operator would be selling of its Iraqi unit through an IPO.

Private equity firm CVC is holding early talks with McCarthy & Stone's former chairman Alan Bowkett to decide on the bid for acquiring the UK's argest retirement home builder.

The soccer club Arsenal insisted that its American billionaire Stan Kroenke, who owns a two-thirds in the London club, has no plans for selling his majority stake despite criticisms.