Analysts had said that Southeastern Asset Management's purchase of a 12% voting stake in News Corp was dubious.

France-based Societe Generale was the third major bank seeking to sell its private wealth arm in Asia in the last five years.

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.

Ashok Vemuri is iGate's new President and CEO, succeeding deposed CEO Phaneesh Murthy. iGate, the outsourcing firm from India, had recently appointed Ashok Vemuri as its President and CEO effective on September 16.

US defense contractor Lockheed Martin said it was looking to make more acquisitions after its purchase of IT firm Amor Group.

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.

In an interview with CNBC, Carl Icahn confirmed his firm's large purchase of Apple stock as it fell due to consumer disinterest in new iPhone models.

According to sources familiar with the matter, French bank Societe Generale was considering on selling its Asian wealth arm based in Singapore.

The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.

UK banks would need another GBP50 billion on top of GBP13.7 billion to comply with both Basel III and Basel IV.