Bond sale is in the offing for the Bi-State Development Agency for Missouri and Illinois. (Photo : Reuters)The image is the corporate seal of the Bi State Development Agency for Missouri and Illinois.

Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.

Ayala Land to do bond offer to the market for general corporate purposes. (Photo : Reuters)The image is the corporate logo of Ayala Land Inc. Ayala Land, one of the Philippines' largest property developers, is working on a plan to offer to the market domestic retail bonds worth around Php21 billion.

Lazada raises US$100 million in investments for its expansion. (Photo : Reuters)The image is the corporate logo of Lazada, the online retailer. The online retailer in Southeast Asia, Lazada was established by Rocket Internet Gmbh of Germany.

Intrepid Mines shareholders approve the plan to recover the rights over the Tujuh Bukit project. (Photo : REUTERS)A miner breaks stones containing gold in Poboya in Indonesia's Central Sulawesi province April 12, 2012.

SocialRadar raises US$12.75 million through Series A funding. (Photo : Reuters)The image is a man handling their iPhone with their mobile apps. In an announcement, SocialRadar Inc announced the finalization of Series A funding wirth US$12.

A new CEO and new funding greets the future of STAT-Diagnostica. (Photo : Reuters)This is an image of a commonly used procedure in medical diagnostics, electrodes on skin to measure movement and activity.

Kudu, the Saudi Arabian fast food chain, is set to sell off its majority shareholdings to private bidders.

Softchoice Corporation completes privatization deal through an arrangement set up by Birch Hill Equity Partners.

Sweden sells off the remaining shareholdings in Nordea Bank. Sweden has sold the remaining half of its stake in the biggest bank in the region, Nordea, The sale netted US$3.

Fairfax increases its shareholdings to 42% in Eurobank. Fairfax Financial Holdings would be raising its shareholdings in Eurobank Properties, the real estate firmn from Greece.

SoftBank is nearing the completion of the acquisition of the Sprint Nextel deal. SoftBank Corp of Japan had completed another step in its current bid to acquire Sprint Nextel Corp, the US wireless provider.

The Austrian construction group Alpine Bau claims insolvency, and stands to be the largest ever in Austrian history.

The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.

Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.

Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.

DP World, because of favorable market terms, was able to extend its revolving credit facility. (Photo : Reuters)The image is the signage infront of the DP Head Office.

Robinsons Retail Group is planning to undertake the largest IPO in the Philippines. The Robinsons Retail Group, whose interests include operations in the consumer market through supermarkets, hardware and department stores throughout the Philippines, is now planning to raise US$924 million through an initial public offer in Manila.

CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.

SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.

The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.

Ken Glass establishes Cold Mountain Capital, the new investment and management firm. Chairman and founder of TECT family of businesses and Stony Point Group, Ken Glass, announced recently the launch of a new investment management firm Cold Mountain Capital LLC.

Befimmo, in exchange for an AXA Belgium investment, does a novel exchange deal. (Photo : Reuters)The image is the front step of AXA's corporate headquarters, who is selling through a management buyout its private equity subsidiary.

Nigeria prepares for a new Eurobond issue worth another US$1 billion. (Photo : Reuters)Nigerian Parliament sets on a call to order. Plans for a one week roadshow to be conducted in Britain, Germany and the United States would be undertaken by Nigeria.

Vale SA is preparing for the imposition of new royalties charges for mining in Brazil. (Photo : Reuters)The image is the corporate logo of Vale SA of Brazil.

Joint venture partners of Nokia Siemens Network is now open for bids for its shares. (Photo : REUTERS/Lehtikuva Lehtikuva )A woman walks past by NSN headquarters in Espoo.

In a statement, Franklin Equity supports RHJ International in its bid to acquire BHF- Bank. (Photo : Reuters)The image is the corporate offices of RHJ International SA.

Solarworld set to receive Qatar investment amounting to Eur35 million to become a shareholder. SolarWorld, in an announcement, said that it is seeking the backing of a number of bondholders for assistance in a debt restructuring program to allow Qatar to become a new shareholder in the company.

Mechel announces share buy back programme worth US$100 million. Mechel of Russia has announced Tuesday that it would be launching a share buy back programme amounting to about US$100 million.

Janney Montgomery Scott LLC expands its veteran adviser leadership with new transfers from Morgan Stanley Wealth Management.