Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.

Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.

Citigroup's private equity firm, Citi Venture Capital International would buy India's Sansera Engineering for US$56 million.

In a conference held today, the IEA said that they need US$300 billion to finance the Power Africa project.

Signal Hill sponsors Boston-based Launchpad Venture Group. In an announcement today, investment bank Signal Hill said that it became a major sponsor of Launchpad Venture Group.

In a recent study, the United Kingdom leads the merger and acquisitions investments in Africa. Companies from the United Kingdom have made the most investments in mergers and acquisitions in the African continent within the last 10 years, according to a study made by Freshfields Bruckhaus Deringer.

Data Device Corporation, Behrman Capital's unit, bought National Hybrid Inc. from API Technologies Corp. for US$32.5 million.

Japanese company Olympus offers its stock, both new and existing, to overseas markets to raise funds for research and debt payment.

Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.

Due to a newly created rule, alternative investment market trusts can now be captured in investment savings accounts.

Brookfield named Kim Redding as its new chief investment strategist. Brookfield Asset Management, an alternative asset managing firm, announced today that it appointed Mr.

According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.

The United States' wealthiest universities are eyeing Africa as their latest investment nest. Several of the United States' most profitable universities are looking towards the other side of the world to acquire outsized investment returns for scholarship funding.

Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.

Standard & Poor downgraded SoftBank because of the financial risks it took in buying Sprint. Standard & Poor cut SoftBank Corp's debt rating to two levels to "junk" status.

Virgin completes purchase of Tigerair's 60 percent stake naming chief executive John Borghetti chairman.

Predixion raised US$20 million worth of Series C investments. (CORRECTION: Description of Accenture was changed from BPO powerhouse to Global consulting powerhouse.

Meta Pharmaceutical Services received a US$7.5 million loan from Praesidian Capital. Mezzanine capital provider for small and medium sized firms Praesidian Capital announced today that it steered a US$7.

Nippon Shikizai invested on its fourth plant in Japan. Nippon Shikizai Inc. , a makeup, cosmetics, and skin care producer from Japan, announced its plans to invest in a new plant in the country to be finalized early next year.

The UK NEST gave Legal and General Investment Management mandate over real estate asset allocation. The United Kingdom's National Employment Savings Trust or NEST deployed a scheme involving a 20% member asset allocation to a real estate fund.

Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.

Japanese manufacturer is considering 100 billion yen share offering, the first in 32 years. Japanese manufacturer Olympus Corp is reflecting on releasing up to US$991 million (JPY100 billion) of new shares to finance the study of its endoscope business as well as further its medical business into developing nations.

Michael Dell's offer was backed by the Institutional Shareholders Services. Dell Inc announced today that proxy investment advisory firm ISS recommended the US$24.

The Philippines NEDA Director said that the administration will be easing its restrictions on foreign investments.

Investors from France are cutting back on investments due to fears of high interest and foreign competition.

Vue Entertainment sells bonds for LBO funding The cinema operator Vue Entertainment Ltd. planned to sell bonds on a meeting with investors. The proceeds of this bond sale would be used to fund the company's leveraged buyout.

BAIC Group revealed they plan to expand inside China and in Europe. BAIC Group, the Chinese partner of Daimler AG and Hyundai Motor Co, plans to acquire one or two domestic automakers this year, in a statement released by its chairman, Xu Heyi.

Fiat announced today that it will increase its stake on RCS Mediagroup. Fiat's chief executive officer Sergio Marchionne announced today that the carmaker from Italy will increase its stake in depreciating publisher firm, RCS Mediagroup.

A group of Alere shareholders expressed their desire to exit its non-core businesses and wants support at its annual board meeting.

Synagro Technologies and its main stockholders agreed to sell the company to EQT Infrastructure II through a plan of reorganization.