Speculations had it that SAC Capital Advisors LP will reduce the numbers of its staff but the firm's president denied said speculations through an e-mail sent out to workers.

Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.

Rio Tinto Ltd. calls for final bidders for their majority stake in Northparkers copper mine in Australia.

Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.

Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.

MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.

Moneysupermarket.Com founder Simon Nixon sells nearly 15% stake of the firm, his first ever disposal since the company got listed in 2007.

CVC Capital Partners aims to sell its stake for a price of EUR12.5 to EUR15 per share. CVC Capital Partners, a private equity firm, is aiming to sell parts of its stake in the Belgian postal service.

CT Corp announces to buy 80% of Telkomvision stake in Indonesia for less than US$100 million deal. (Photo : Reuters)CT Corp Founder and Chairman Chairul Tanjung June 5, Indonesian billionaire Chairul Tanjung agrees to buy 80% stake in the second largest pay-TV operator in the country, Telkomvision.

Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.

Fiat launched the first part of the three-part financing deal to refinance current loans of Fiat and Chrysler prior to engaging a deal to buy out the rest of Chrysler.

Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.

Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.

United Airlines engages to buy biofuels for their flights from AltAir Fuels for a three-year contract.

Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.

Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.

A private auction was launched that drew companies including GE, Rockwell Collins and Thales SA interested to bid for Arinc Inc.

IBM announced acquisition of SoftLayer Technologies and the creation of a new division in the company for cloud-based services to its clients.

Two companies that are link to Chinese State-backed groups are pursuing the US$5 billion Glencore Xstrata mines in Peru.

Cinven, the majority shareholder of Partnership Assurance Group, has announced IPO for Partnership to debut in the London Stock Exchange middle of June.

Nathan Tinkler agrees to a settle a US$12 million agreement with Blackwood Corp Ltd for a lawsuit filed against him for insolvent trading.

Mid-America Apartment Communities Inc. announced to buy Colonial Properties Trust for US$2.17 billion.

Two separate courts issued temporary restraining orders, restricting Royalty Pharma to bid for Elan.

Generali agrees to sell its reinsurance business to Scor for EUR 579 million. Last Tuesday, Generali announced its agreement to sell its US life reinsurance business to Scor.

Asian stocks swing from gains and losses while the US manufacturing unexpectedly contracted. Asian benchmarked stocks swung between gains and losses regardless of the optism that the Federal Reserves will keep its record of monetary stimulus.

Continental Grain Co announced to finally end its long-term ownership with Smithfield to prevent further proxy battle.

Calpers is planning to sell its entire 4% stake in Carlyle that is valued at US$373.3 million. After 12 years of being managed by Carlyle Group LP, a private equity manager firm, the California Public Employees' Retirement System plans to sell its total 4% stake.

GM rejoins S&P 500 replacing H.J Heinz Co. H. J Heinz Co. will be replaced by General Motors Co. (GM) in the Standard & Poor's 500 Index. This is after the trade closing on June 6.

Australian surfwear company Billabong ended takeover talks and looks at its refinancing options instead.

President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.