Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.

Budapest-based Organica water closed its Series B financing round successfully. Budapest-based Organica water closed its Series B financing round successfully.

NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.

KTB Asset Management Co announced the successful sale of its Seoul property, the Twin Tree Towers, to IGIS Asset Management Co.

Ray Investment, the private equity owner of Rexel, announced that it plans to sell another 10% of its stake in the French company.

A joint venture between Tower Realty Partners, Second City Capital Partners, and the affiliates of Feldman Equities bought a 187,000 square foot St. Petersburg building for US$20 million.

J-Pac, a manufacturing company that services the diagnostics, medical device, life sciences and pharmaceutical industries, announced that it had appointed Mark Florence as its new President and Chief Executive Officer.

Airbus partnership with easyJet paid off as the low-cost carrier based in the UK helped the aircraft manufacturer inch closer to the 2013 target set by its parent company, the European Aeronautics Defence and Space Company (EADS).

Acquisitions and high profit margins boosted the profits of Rotork Plc to 12% in the first half of this year.

Shanghai Tower's top beam was recently installed and now the interiors are to be completed. The tallest building in the financial district of Shanghai and all of China is nearing completion.