Regulators approves Glencore purchase of Xstrata Plc. The US$35 billion takeover of Xstrata Plc has been approved by the South African antitrust regulators.

ING completes transfer of ING Groep NV's transfer to Barclays. ING Groep NV's sale has been completed by ING Direct UK to Barclays Bank. The cost of the transaction would be Eur280 million for the first quarter of 2013 and total loss would be Eur260 million compared to expected returns of Eur320 million.

Softbank expanding into mobile virtual network operations for internet companies. Softbank's next move is expected to make waves in the US wireless market when it enters into a partnership with Internet giants Google and Amazon.

Sohu stocks increase in value on rumored privatization. China's second biggest online video website Sohu. com has increased in value as it lead the gains of Chinese stocks on the basis of a news report saying the company would be privatized.

Splunk's lack of competition makes it a record price sale for acquisition. Splunk, the software maker that provides a service that is able to sift through information from websites to networks through tracking inventory, has been able to double its value since its IPO back in April.

MF Global Trustee agrees with JP Morgan for settlement. MF Global together with its creditors have resolved a point of conflict with JP Morgan Chase. This dispute stems from the valuation of intercompany claims in MF Global's estate.

Coach's financial performance makes it ripe for rival bids. Coach Inc, the maker of luxury handbags and heels are now giving bargains for its luxury brand.

Apple Inc executives met with Beats LLC executives for Project Daisy. Apple Inc, after its shareholder meeting, is now keen on doing business and one of its projects is its current discussions with Beats Electronics LLC.

Air Asia gets to second step in operating airline in India. Air Asia Bhd has been give approval by Indian regulators to enter into a joint venture for an Indian airline.

Argentina's expropriation of Repsol stake in YPF subject to claim and clarification. Caixabank, a key shareholder in Spanish oil giant Repsol, is exploring avenues to seek compensation for the expropriation of the national oil company YPF.

Korean chaebol Samsung purchases shares in Japanese rival Sharp. Samsung Electronics would be investing US$110 million in Sharp Corp in 2013 to stabilize the supply of television and improving the opportunities for the Japanese screen maker.

The purchase of Virgin Media by Liberty Global revises conduct of company online. United Kingdom television cable provider Virgin Media Inc has been bought out by media giant Liberty Global Inc.

Verizon and Vodafone discussing future of Verizon Wireless. Verizon Communications Inc, which is now deep in a battle for control with Vodafone Group Plc, has proposed to dissolve their relationship through the wireless joint venture.

Islamic bonds to be issued by Emirates Airline. The world's largest airline in terms of international traffic, Emirates Airline would begin holding meetings with investors for the possible sale of Islamic bonds called sukuks.

Funding from equity firms raised by Grameen Koota. Grameen Financial Services Pvt Ltd is a microfinance firm more known as Grameen Koota. In its third round of equity fund raising, it was able to raise Rs 53.

Special committee acquiesces to Michael Dell's offer. After months of speculation and back and forth discussions, a special committee comprising Dell Inc's board of directors announced that after evaluation, the best alternative for shareholders would be to sell off the company.

Nasdaq and SharesPost to create new market for privately held securities. A new marketplace for shares trading of unlisted companies would be rolled out as a joint venture between Nasdaq and SharesPost Inc.

Consortium of equity firms deliberating on whether to pursue purchase of Life Tech. A joint offer is being mulled for the purchase of Life Technologies Corp.

ISS and Glass Lane calling for heads to roll in Autonomy takeover loss. Two proxy advisers have called out to fellow Hewlett Packard shareholders to move for the ouster of several board directors.

VEBA and Fiat most likely to break impasse to avoid lowered share value at IPO. In recent remarks, Fiat CEO Sergio Marchionne said that the Italian carmaker would most likely agree to the valuation of VEBA for its 41.

Few fund firms and banks remain in Armacell auction. After Goldman Sachs and Equistone pulled out of the race, only a few buyers are still in the hunt to land Armacell, the German insulation firm.

Lansdowne CEO Paul Ruddock to retire in June. One of the world's best known hedge fund managers, Lansdowne Partners has announced that its current CEO, Paul Ruddock will be retiring come June in order to focus on his charity work and arts interests.

Southeastern Asset Management has formally filed notice for Dell to open its books for review. (Photo : Reuters) The image is Michael Dell making a presentation to shareholders.

After clashing with Baghdad, Exxon now exploring possibility of partnering with China to develop Iraq oilfield interests.

Ardent Mills would be the new company formed for the venture between ConAgra Foods, Cargill and CHS Inc.

Allscripts buys partner dbMotion. In a clear move to expand markets, North American medical information firm Allscripts Healthcare Solutions is purchasing dbMotion, the Israeli healthcare provider.

Many banks interested in Chrysler buyout, according to CEO. After previous comments on the personal choice of Fiat CEO Sergio Marchionne, it was revealed that the Fiat CEO has talked to banks on financing a buyout of Chrysler's stake in the company.

Anadarko and Indian billionaire Dhoot to sell off Mozambique gas interest. The partnership between Anadarko Petroleum Corp and Indian tycoon Venugopal Dhoot is auctioning off its twenty percent stake in a Mozambique gas field.

Fund managers prepare IPO of HD Supply. HD Supply is going public and many private equity firms are preparing for the IPO. This comes six years after the industrial distribution company was bought out of Home Depot Inc for a whopping US$8.

Generali's BSI is being purchased by Bankinter and Apollo Global Management. US investment fund Apollo Global Management has partnered with Bankinter of Spain to make a formal bid for Swiss private bank BSI.