According to a source, the sale of ThyssenKrupp's Brazilian steel mill was not imminent. The intended sale of the steel mill of ThyssenKrupp in Brazil was unlikely to transpire right away, a source familiar with the transaction said.

The China-based holdings company intends a Hong Kong IPO once the deal with the US pork producer is completed.

Zecotek Photonics Inc.'s subsidiary, Zecotek Imaging Systems Pte. Ltd., signed a joint collaboration partnership agreement with Japan's Hamamatsu Photonics.

The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio. The Royal Bank of Scotland PLC announced that they are seeking a buyer for a unit that manages and maintains 11 schools in the Victoria state of Australia.

Assicurazioni Generali SpA agreed to sell private equity fund stake to Lexington Partners. Assicurazioni Generali SpA announced that they have agreed to sell private equity fund stakes to Lexington Partners, Inc.

Zambia would invest US$410 million to build an oil refinery that could lower the fuel costs. Christopher Yaluma, Zambia's Mines and Energy Minister, stated that the country planned to build an oil refinery worth US$410 million.

Multimedia Plus announced the successful conclusion of their private financing with individual investors. Seperately, the company also announced that Ernest Pomerantz has joined the company's board of directors.

Venture capital reached US$1.3 billion in New York. Venture capital fundraising in New York reached US$1 billion. This figure was for the first half of the year.

Jersey Finance welcomed another key step towards meeting AIFMD requirements. Jersey Finance welcomed another key step towards meeting the requirements of Alternative Investment Fund Managers Directive (AIFMD).

The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.

AT&T Inc's deal to sell Leap Wireless International Inc.'s block of airwaves clouded the real value of the acquisition.

Malaysia's Boustead planned to make its plantation REIT private and offer an IPO. Malaysian company Boustead Holdings Bhd stated that it would be making private its US$190-million plantation REIT.

Altamont partners with GSO Capital Partners to grant refinancing to Billabong to help stabilize the company and fund its expansion endeavors.

Cargotec's MacGregor announced that they have entered an agreement to acquire the privately owned Hatlapa Group.

Sany alleged Zoomlion of kidnapping Liang Wengeng and his assistant Two of the construction giants in China have escalated their rivalry in an attempt to get a bigger share in the construction equipment industry in the country.

Altamont entered into an agreement to purchase DAKINE from Billabong. San Francisco-based Altamont Capital Partners (Altamont) entered into contract to purchase DAKINE, a leader in action sports accessories, from Billabong International Limited.

Bernanke speech and US retail sales sent most Asian stocks down. US retail sales, which were weaker than expected, caused most Asian stocks to drop Tuesday.

The insurance deal between Athene and Aviva was placed under review. The insurance deal between Athene Holding Ltd. and Aviva PLC was placed under review.

Sims Metal Management Limited announced the sale of its interest in Metal Management Aerospace, Inc to ELG Utica Alloys.

Glencore Xstrata announced the sale of its US$5 billion-plus Las Bambas copper project. Glencore Xstrata announced the sale of its US$5 billion-plus Las Bambas copper project.

APA group presented its offer to buy the rest of Envestra, which it already owns 33% of. APA Group offered to purchase the rest of Envestra Ltd. for about AUD1.

Salesforce.com loaned US$300 million for its ExactTarget acquisition. Salesforce. com loaned US$300 million to pay for its acquisition of ExactTarget. The loan was from the Bank of America.

Tulloch Homes finally revisits Aberdeen, this time with a multi-million project. Tulloch Homes, an Inverness-based contractor, went back to the thriving Aberdeen housing market as part of a GBP30 million program that will bring at least 100 new positions to its 170-strong workforce.

Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.

Funeral Consumers Alliance protested against funeral home chain's acquisition of competitor. The Funeral Consumers Alliance (FCA) sent a letter to the Federal Trade Commission (FTC) on Thursday.

KSTW Acquisition commences tender offer for Steinway Musical Instruments, Inc. KSTW Acquisitions Inc announced the start of the tender offer for all shares of Steinway Musical Instruments, Inc.

EXS Capital committed at least US$35 million into Son Kim Land, a big player in Vietnam's real estate industry.

Rival luxury retail malls in Singapore revealed plans for a public listing, broadening investors' choice.

Grontmij divested its French unit to focus on engineering operations. Grontmij announced Tuesday that it had divested its French monitoring and testing business.

EDAC Technologies Corporation increased its presence in the industry through a Parkway acquisition Parkway Products revealed that it has concluded the sale of Parkway Aerospace & Defense to EDAC Technologies Corporation.