Sources told the Wall Street Journal that KKR & Co would be pouring in an initial USD100 million in a wireless communications infrastructure project with investment firm Associated Partners LP.
Regions
Liberty Global sells Chellomedia business to AMC Networks in USD1.04 billion deal
AMC Networks was set to own international content business Chellomedia for USD1.04 billion. According to AMC Networks Inc, it would be purchasing the international content business of Liberty Global Inc.
Wozniak claims he never criticized iPads - report
Apple co-founder Steve Wozniak said he thought that there was no need to upgrade to any of the new iPads as he was perfectly fine with his iPad unit for the moment.
Alrosa expects share sale to raise USD1.3 billion
Russian state-owned diamond miner Alrosa had reduced its capital investment expectations for its planned IPO.
G4S dismisses Charterhouse Capital's USD2.5 billion bid for cash solutions unit
UK-based security services provider G4S did not want the GBP1.55 billion offer extended by private equity firm Charterhouse Capital Partners.
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Payfone was able to gather a USD 10 million investment from Early Warning Services. Payfone Inc said it was able to raise USD 10 million from Early Warning Services.
Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.
Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.
A source told Bloomberg that Virtela Technology Services would be bought by NTT Communications Corp for USD 512 million.
General Motors Co said there were no problems with its partnership with Shanghai Automotive Industry Corp.
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.
Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.
Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.
