Guardian Capital Group Ltd reached agreement to acquire a specialist boutique emerging market equity investment firm in London

Although Dubai seemed to have recovered from the 2009 debt crisis it experienced in 2009, it needs to sell some of its assets, including Mauser, to repay some USD50 million in debt, according to sources who told Reuters.

Italian automaker Fiat SpA said in its announcement today that although Chrysler Group LLC has postponed plans for a 2013 initial public offering, the former expected the latter to carry on with its plans for a share sale next year.

A shift in demand from big firms like KKR, Blackstone and Bain Capital to midsize firms like HIG Capital, Sentinel Capital and KPS Capital in investors was seen in a recent survey conducted by Preqin.

A joint bid that would later split up Time Warner Cable between Comcast Corp and Charter Communications Inc may allow the deal to avoid strict scrutiny from antitrust regulators and the Federal Communications Commission.

Chemring Group, a UK based firm that caters to the ordinance disposal, pyrotechnics, countermeasures and munitions markets, said it will be divesting some of its business units.

In his interview with The Cornell Daily Sun, former analyst of private equity firm Blackstone and incoming associate of venture capital firm New Enterprise Associates Andrew Schoen explained why venture capitalists exist.

The government of Taiwan has encouraged state-run Mega Financial to consider the possibility of merging with Chang Hwa Bank amidst difficulties in the banking sector.

Spanish bank Banco Popular announced the sale of its property management units to US-based investment companies Varde Partners and Kennedy Wilson for an undisclosed amount.

Uber, a ride solutions provider, is aggressively pushing for more drivers on the road that it had struck a deal with car manufacturers and auto finance firms to provide Uber drivers which better rates to own a vehicle.