Beleaguered lender Kommunalkredit proceeds with run-off after its efforts to find buyers fail. After its failure to find buyers, Kommunalkredit Austria AG is expected to close its books and attempt to sell off parts of its assets.

ZoomerMedia Limited annnounced the amalgamation of its wholly owned subsidiaries. ZoomerMedia Limited announced the completed amalgamation or merger of its subsidiaries, Zoomer Management Limited, the Christian Channel Inc.

Aldrin Resource Corp announced the conclusion of its private placement financing, as well as the acquisition of the Triple M Property.

TOA Technologies gets US $66 million funding from Technology Crossover in a deal dubbed as the fourth biggest funding in software this year.

Claridge Ventures announced that they are set to acquire Indo Global Exchange PTE LTD. Claridge Ventures, Inc. announced that they have entered a stock exchange agreement with the Indo Global Exchange PTE LTD.

Synovus Financial Corp announced the pricing of its 59,870,550 million shares set up for public offering.

UCP stocks opened at less than IPO price in its trading debut. UCP Inc. 's stocks opened at US$14. 75 in its trading debut. This share price was down from the company's IPO share price of US$15.

Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.

Babson Capital backs Silver Oak to acquire cleaning and safety products distributor The Tranzonic Cos.

Diamond Resorts International planned to sell shares at US$14 each in IPO. Diamond Resorts International, Inc. announced the price of the shares to be sold in its initial public offering.

TransMontaigne Partners announced the US$43.32 per unit pricing for their public offering. TransMontaigne Partners L. P. announced pricing of the company's underwritten public offering for 1,450,000 common units.

HgCapital invests in IntelliFlo, which transaction is set to be finalized by August. HgCapital's Mercury said it is putting in a majority investment in IntelliFlo Limited, one of the premier Software as a Service (SaaS) providers for financial advisors and brokers.

AstraZeneca acquired Omthera Pharmaceuticals. AstraZeneca completed its acquisition of Omthera Pharmaceuticals last July 18, 2013. Omthera announced last July 16 that its shareholders approved the acquisition.

Simply Business completed a management buyout from Brit Group. Simply Business announced the completion of a management buy-out from Brit Group, which held 37% stake in the firm.

Informa is divesting its interest in its five corporate training businesses in favor of Providence Equity Partners.

NeoStem Inc announced the pricing of US$16,500,000 IPO. NeoStem, Inc. announced the pricing of their underwritten public offering for 13,750,000 units priced at US$1.

Sheik Mansour's stake in Barclays was sold last month. Sheik Mansour bin Zayed al-Nahyan of Abu Dhabi sold his shares in Barclays. In a regulatory filing last month, the bank said that the Sheik's investment vehicle, PCP Gulf Invest 3, sold its 758.

Grano Retail Holdings, owner of the menswear brand Samuelsohn, announced that they have acquired assets of Hickey Freeman.

RTI Biologics acquired Pharos Capital's stake in Pioneer Surgical Technology Inc. in the amount of US $ 130 million.

The UK Government said that they are weighing all of their options for the Lloyds Banking Group deal.

Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.

China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.

Bill Foley acquired the majority stake in Touring & Tasting Marketing & Media. Bill Foley announced Friday his acquisition of a controlling stake in Touring & Tasting Marketing and Media.

Advertising changes lowered target price on Google stocks. Google made changes to its advertising system in the hope that this would increase the revenue coming in from mobile users.

Qihoo 360 is in the early stage of negotiations to purchase Sogou, Sohu.com’s search engine. Beijing-based Qihoo 360 Technology Co. is in the early stage of negotiations to purchase Sohu.

The fertilizer industry was booming and “risks can be handled”, said local officials. Argus FMB North American Fertilizer, a trade publication, tracked around 20 proposals for fertilizer projects in North America in the past two years, according to the publication's editor, Lauren Williamson.

American Homes 4 Rent announced that they are expecting to raise US$793 million from the public offering of their common shares.

According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.

Two unusual sector start-ups drew the interest of venture capitalists during the second quarter. New England venture capitalist invested in home building and telecommunications during the second quarter.

A PricewaterhouseCoopers report revealed that venture capitalist invested around US$320 million into Maryland last quarter.