Blackstone Group had been in advanced talks with Bain Capital regarding the sale of 13.09% of its stake in Emcure Pharmaceuticals valued USD100 million.

According to a statement from NZ Finance Minister Bill English, nearly half of the IPO shares in Meridian Energy was already spoken for by New Zealand brokers.

The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.

In a move to provide a tax gain as well as capital gain, AXA spins off AXA PE, ceding majority control to an employee ownership group.

The US Securities and Exchange Commission has charged Mark Cuban of insider trading. Billionaire Mark Cuban is being hauled to court for insider trading.

The new deadline is now at October 31 for the acquisition of Vivendi's shareholdings in Maroc Telecom by Etisalat.

After more than dismal last quarter financial reports, BlackBerry is contemplating its exit from the smartphone market.

JPMorgan's CEO met with the US Attorney General to finalize a settlement on the mortgage backed securities fraud investigations.

Online storage startup Box Inc co-founder Aaron Levie told an audience at a BoxWorks conference in San Francisco that the company's path towards an initial public offering would be the most natural thing to do.

According to a Reuters report, a struggling Alitalia would be closing shop soon if it won't be getting the cash it needs to implement Alitalia CEO Gabriele Del Torchio's long-term plans.