Stephen Feinberg, owner of Cerberus Capital Management, may bid for shareholdings of Freedom Group after his own firm is selling off the shares.

Brookfield Management spin off completed through share dividends. In an announcement today, Brookfield Asset Management Inc disclosed that the spin-off of Brookfield Property Partners L.

Energy Future Holdings has proposed a bankruptcy plan to manage the company's debt. Formerly known as TXU Corp, Energy Future Holdings has presented a pre-formatted bankruptcy case that would restructure its debt of $32 billion but no agreements have been finalized according to the company last Monday.

Suntech, in a bid to trim its debt, it would be selling off its Italian assets and shareholdings. A company spokesman said that Suntech Power Holdings Co.

Panasonic of Japan is selling part of its shareholdings in its healthcare unit for expansion plans. Panasonic Corp of Japan has engaged the services of Bank of America Merrill Lynch in order to sell a part of its healthcare subsidiary, The deal could raise as much as US$1 billion for the electronics company, according to two sources familiar with the transaction who spoke on condition of anonymity.

China interested in purchasing the ConocoPhillips share in the Kashagan oil field in Kazakhstan. China has indicated an interest in purchasing a stake in US oil company ConocoPhillips in a multinational consortium aiming to develop Kazakhstan's Kashagan oil field.

In a decision, Arcadia is shutting down operations in Dubai and Switzerland as well as a change in CEO.

Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.

In a statement, Canadian asset manager Gluskin Sheff + Associates have taken off the for sale sign for the meantime.

IPO is the way for growth for Pegasus Airlines, the Turkish budget air carrier. Pegasus Airlines, the low cost air carrier of Turkey, is offering for sale 34.