The Overseas Union Enterprises rakes in US $476 million from its initial public offering of hospitality and retail assets in Singapore.

I Squared Capital opened a US$2 billion fund which will be used to invest in energy, utilities and transportation.

Allstate Corp announced plans to sell its insurance business to Resolution Life Holdings for US$6 million

Florida Community Bank bought the Great Florida Bank to improve its capital structure. Florida Community Bank finalized a deal to obtain Great Florida Bank.

Linsalata Capital Partners sold The Tranzonic Cos. to Silver Oak Services Partners. Linsalata Capital Partners, a Mayfield Heights private equity firm, sold The Tranzonic Cos.

Lexington Partners announced the closure of their new co-investment fund, Lexington Co-Investment Partners III, L.P. after obtaining at least US$1.50 billion from institutional investors.

Dorel Industries and Trek Bicycle Corp acquired Tour de France teams amidst doping scandals. Trek Bicycle Corp and Dorel Industries Inc. announced that they are investing in Tour de France teams amidst doping scandals.

CPFL Renováveis announced the closing and completion of their US$459.49 million public offering. CPFL Energias Renováveis SA announced the completion of their public offering.

The intellectual asset management provider gets a significant investment from Insight but the agreement’s terms were not fully disclosed.

J.C. Flowers announced that they are in the final negotiations to buy US$682.8 million worth of Northern Rock loans.

Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.

Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.

McGraw-Hill Education acquired minority ownership share in Tata McGraw-Hill Education Private Limited originally held by two Tata charitable trusts.

The apps developer Xamarin gets US $16 million funding, which it intends to use for its exponential growth.

On-Ramp wireless gets additional US $15 million funding from both new and existing investors, On-Ramp Wireless obtained additional US $15 million after its series C funding.

Grovo gets US $5.5 million of funding for its product research and marketing campaign. Grovo. com, which uses personalized videos to train users on cloud and Internet services, closed US $5.

Goldman Sachs sells its majority share in REDI but will retain minority stake in the company. Goldman Sachs Group sold its majority stake in REDI, one of the pioneers of trading technology, to a group of investors.

Taykey get US $6 million from another round of funding led by Tenaya Capital. Topical Advertising channel Taykey announced a US $6 million worth of fresh capital infusion from four investors led by venture firm Tenaya Capital.

Regulus Therapeutics is expecting to raise US $42.8 million from its IPO after the Securities and Exchange Commission consented the offering on Tuesday.

Private equity firm J-STAR secured investment commitments amounting to JPY11.86 billion from both global and domestic investors.

Bluenose Gold Corp announced the acquisition of the Zenyatta West Graphite Project. Bluenose Gold Corp. announced that they have agreed to acquire a 100% interest in the 16 mineral claims dubbed as the "Zenyatta West Graphite Project".

ole announced that they have entered a co-venture deal with Timbaland's Blue Stone Music Publishing.

A group of investors led by Siparex is buying Groupe CEBTP but finalization of the deal would have to wait until third quarter of 2013.

Mobile app Vivino gets US $10.3 billion funding as it gears up to develop and expand its brand in Europe and North and South America.

BNP Paribas announced their investment as one of the founding shareholders in REDI Holdings LLC. BNP Paribas announced their investment as founding shareholders in the REDI Holdings LLC (REDI).

Battery Ventures, a US-based firm, acquired IHS GmBH from Kings Park Capital but details about the transaction were not disclosed.

After eating a poisonous free lunch, 20 children died and 30 more were rushed to the hospital in Bihar, India.

Mike Miller's salary pushed the Miami Heat's financial status towards luxury tax level, granting the team the power of amnesty.

[x+1] announced the acquisition of mobile marketing technology leader, WDA. [x+1] announced the acquisition of WDA. This acquisition allows [x+1] integration of WDA's technology and media sources with [x+1] Origin data management platform.

Methes Energies Canada Inc., a subsidiary of Methes Energies International Ltd. secured a CDN$1.6 million financing loan.