The Carlyle Group purchases the Metropolitan Real Estate Equity Management LLC. The Carlyle Group, the global alternative asset manager, announced it had agreed to purchase Metropolitan Real Estate Equity Management LLC.

In accordance with its expansion plans, Fonterra Cooperative Group is now building a UHT milk processing plant in China, despite a recent poisoning scare and corruption investigations done by government.

Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.

Telefonica seeks to retain control over Telecom Italia through buyout of venture partners in Telco. Telefonica, the telecommunications group from Spain, had formalized a deal to secure control of Telecom Italia without the need to launch a full takeover.

BlackBerry's valuation by Fairfax Holdings was set at 20% the book value, including cash. Once valued at USD83 billion, the Canadian smartphone maker Blackberry Ltd had declined to record the lowest ever valuation for a technology or telecommunications takeover for a North American firm.

Pavilion Energy, which is owned by Temasek Holding Pte, would seek to expand its infrastructure interests in LNG.

The rights to the Minas-Rio project is the main asset to be sold off by Anglo American as it faces mounting pressure to provide finances for the project.

The largest US life insurer New York Life Insurance Co purchases Dexia Asset Management. The largest US life insurer owned by policyholders, New York Life Insurance Co had entered into an agreement to acquire a Dexia SA unit worth EUR380 million or USD512 million.

The fleet of Noble Corp would be separated between shallow water and deep water drill rigging equipment.

After the loss of equity due to S&P edict, Danske Bank issues a new bond to replace its 2037 issued bond.

YPF enters into a shale gas project development agreement with Dow Chemical at the Vaca Muerta formation.

Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.

Seth Klarman's Baupost Group, for only the second time, would return money to its clients. One of the largest hedge funds in the world, Seth Klarman's Baupost Group has nearly USD28 billion in its portfolio, had laid out plans to return money to its clients by the end of 2013.

Subject to board approval, all preparations are being done for the IPO of the Moroccan unit of the Abu Dhabi Energy Corp.

After making its IPO intentions public, the choice of the bourse to register takes centerstage for microblogging service Twitter.

Hersha Hospitality agreed to sell 16 of its properties to a Blackstone Group affiliate. An affiliate of the Blackstone Group LP had agreed to purchase 16 hotels from the Hersha Hospitality Trust for the amount of USD217 million.

In what is called a 'tax efficient spin off', National Oilwell would be letting its distribution business stand alone.

Novamax had share prices advance 66% of pre-IPO prices after close of trading. Novamax, the vaccine manufacturer, announced Tuesday that it is projecting to raise around USD82.

The sale of Illinois Tool Works' industrial packaging business would affect its overall revenues.

The New York Federal Reserve Bank retains bond purchasing policy. The head of New York's Federal Reserve Bank said last Tuesday it would remain possible for the Federal Reserve would trim its bond purchases before the year's end.

Buoni del Tesoro Poliennali is the local name for bonds in Italy, which are still in demand. Local savers for the special BTP Italia sovereign bond continue to demand for the bond, showing appetite remains high and robust.

The new system introduced by Argos and eBay would be allowing customers to pick up ordered items from eBay in Argos stores.

With what had been called the best iPhone launch ever, the finances of the company have been revised.

Saudi Arabia's taxi business is in chaos with the conflicting regulations, leading to the pull out of investors.

The new joint venture to participate in projects in the Middle East and Africa comprised of Arabtec and Samsung Engineering Co.

Private equity firm Investcorp had purchased paper products company Paper Source for an unspecified amount.

Saad Al Muhannadi and Rachid Al Naimi were appointed as President of the Qatar Foundation and CEO of Qatar Foundation Investments respectively.

Fairfax Holdings formalized a bid for BlackBerry at USD9 per share. In a surprise announcement, smartphone manufacturer BlackBerry had entered into an agreement to go private through a USD4.

Mobincube closes its latest financing round where investors such as Inveready contributed to put up a total of EUR700,000.

Turnbridge Capital and Pipe Pros announce the equity recapitalization of the latter though no financial details were disclosed.