Private equity firm 3i made an offer for the stake it does not yet own in Scandlines. Private equity investment firm 3i made a bid to acquire the shares it does not yet own in ferry group Scandlines.

As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business. After the announcement by UBS AG of its closure of its fixed-income trading business last OCtober, three executives of the bank had opened up shop to trade in areas where bigger banks have since refused to tread.

KPN's negotiations with America Movil regarding the EUR7.2 billion or USD9.58 million bid remained to be over.

Sources told Reuters that electronics maker Sharp Corp. would be raising USD1.7 billion to keep itself afloat until the end of the business year in March next year.

Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.

Marcato Capital Management's hedge fund manager Mick McGuire had been thinking about how auction house Sotheby's could benefit shareholders in his company.

World Point Terminals announced today that the underwriters for its recently closed IPO had exercised their underwriting options to purchase additional 1,312,500 common stock.

Furniture Brands International Inc. won an approval for bankruptcy financing in a hearing held today at Wilmington, Delaware.

Shares of Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. had increased following the announced acquisition of hotel chains by Dalian Wanda Group's Wang Jianlin.

The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.