According to sources that told Reuters, US private equity firm Blackstone would be among possible bidders for Versace's minority stake.

In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India. After weeks of speculation, Bharti Enterprises and Wal-Mart Stores Inc had announced that they are going on their separate ways for operations in the retail sector.

GTCR announced that it had approved a deal to sell portfolio firm Six3 Systems to CACI International.

Under the leadership of CEO Tamim Al-Kawari, QInvest would move away from its non essential businesses to focus on buyouts and buyins for Qatari companies.

Vestas Wind Systems sold six turbine factories to VTC Partners for EUR 1 to complete its asset disposal program.

TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.

Sources told Reuters that Nestle had plans to exit from its unprofitable businesses like Jenny Craig.

AT&T Inc. would reach a near agreement to sell its wireless towers to Crown Castle International Corp, said sources familiar with the matter.

Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.

Montreal, Maine & Atlantic Railway Ltd. had hired Gordian Group LLC to sell the carrier, said a Bloomberg report.