IPH interest sold by Bahrain's Investcorp. Investcorp, the Bahraini alternative investment fund manager has completed the divestment of its industrial supplies distribution firm whose main focus is Europe.

Hochtief gets many offers for its services division. Hochtief, the German construction group would be selling its services division. It is expecting the sale to net Eur170 million according to a report by a German magazine.

Zain, a telecom firm in Kuwait, is in the process of selling its stake in its Iraqi unit. Kuwaiti telecom operator Zain is set to sell its stake in its business unit in Iraq through initial public offering as part of its $1.

Kodak gets flexible financing and reorganization plans as it prepares to come out of bankruptcy. The bankrupt photography icon Eastman Kodak Inc was allowed to amend its financing deal in order to become more financially flexible as it girds to exit Chapter 11 bankruptcy protection.

Sources said that Comark apparel chain is currently on the process to be sold, with an expected amount of up to $400 million based on multiples of other deals in the retail industry.

Hartford posted an amended filing with SEC to correct its results for third quarter in full-year 2012 on internal account error that led to loss instead of a gain.

Warburg has been looking forward for the sale of eye care company Bausch & Lomb as it selected JPMorgan Chase, Citigroup, and Bank of America Merrill Lynch to the IPO.

The sale of Bausch and Lomb can either be a private one or through an IPO. The initial public offering of iconic eyewear company Bausch and Lomb would be headed by three well-known banks.

Comark Stores up for sale. Canada's leading apparel chain, Comark is being offered for sale. Included in the sale are Ricki's, Bootlegger, and cleo stores and the price tag can reach up to US$400 million.

Nomura Holdings has been in negotiation to close a deal under which it will sell its stake in property firm Nomura Real Estate Holdings.