A source told Bloomberg that Virtela Technology Services would be bought by NTT Communications Corp for USD 512 million.
Deals
G4S dismisses Charterhouse Capital's USD2.5 billion bid for cash solutions unit
UK-based security services provider G4S did not want the GBP1.55 billion offer extended by private equity firm Charterhouse Capital Partners.
Lagardere confirms discussion with Vivendi over fate of its Canal+ stake
Lagardere's statement released on Monday was unclear regarding its rumored exit from pay-television operator Canal+.
MBK Partners to put Techpack up for sale - source
A source disclosed to Reuters that a sale of Techpack Solutions Co Ltd could fetch over KRW432 billion or USD407 million.
KKR partners with Associated Partners, chips in USD100 million to build wireless infrastructure
Sources told the Wall Street Journal that KKR & Co would be pouring in an initial USD100 million in a wireless communications infrastructure project with investment firm Associated Partners LP.
Latest News
General Motors Co said there were no problems with its partnership with Shanghai Automotive Industry Corp.
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.
Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.
Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.
Livonia Partners would be investing in three Baltic economies with a private equity fund valued at USD 117 million.
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment. Equifax Credit Information Services, the India-based credit information bureau, announced that State Bank of India would be making an investment in the company.
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
