More and more banks are incensed with deals done privately instead of the normal auction process conducted.

Klockner Pentaplast to issue notes worth Eur225 million. The largest producer of rigid plastic film for packaging purposes, Klockner Pentaplast, has set the price of Eur225 million in Senior PIK notes due on 2017 with an interst rate of 10.

Newell is selling two of its business units in a bid to lower costs and boost profits. Newell Rubbermaid Inc will be putting up its Hardware and Teach Platform businesses.

Westlake Chemicals purchases the pipe and foundation group business of Certain Teed. Westlake Chemical, the specialty chemicals producer, has purchased the business of Certain Teed, which includes PVC pipe, fittings, foundation and profiles.

Colony American Homes offers IPO to press on its acquisition scheme of single family rental homes.

Markel Corp announces the acquisition of Alterra Capital. Markel Corporation announced that it has completed the purchase and acquisition of Alterra Capital Holdings Ltd.

NorthStar and sponsored firm funds US$255 million loan over Milford Plaza Hotel in Times Square, New York.

Sinopec Kantons, a division of state owned Sinopec, is planning an IPO. The logistics and trading unit of Sinopec, Sinopec Kantons Holdings, is planning to raise US$353 million through a stock offer.

3D Systems acquires RPDG for an undisclosed sum. 3D Systems, in a bid to expand its capacity to manufacture parts on demand, has acquired Rapid Product Development Group.

Coda Holdings sought bankruptcy protection in Wilmington, DE, with the Coda Electric Car manufacturing unit as among the assets to be sold off.