Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.

China's regulatory watchdog has unveiled new IPO rules. Last Friday, the Chinese government had published new draft rules designed to improve the transparency and pricing structure of initial public offers in its domestic stock markets.

Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.

NRG Yield, a unit of NRG Energy Inc, would be offering its Class A shares through an IPO. A unit of power generator firm NRG Energy Inc. , NRG Yield has filed with US securities regulators an application for an initial public offer of its class A shares.

Credit Suisse is shunning low yield, high number moderately rich segment for high yield, low number ultra rich market segment.

LongRivers Partners to make a new bid for water utilities firm Severn Trent Plc. (Photo : Reuters)The image is the profile of a water faucet. Severn Trent Plc, the United Kingdom's second biggest publicly traded water utility, would receive an improved bid from an infrastructure investor from Canada and the sovereign wealth fund of Kuwait.

Blackstone and Patria Investimientos purchases shares in Gafisa's Alphaville Urbanismo. (Photo : Reuters)The image is the Blackstone Group logo. Patria Investimentos Ltda and its partner, the Blackstone Group have entered into an agreement to purchase 70% shareholdings in Alphaville Urbanismo residential-development business owned by Gafisa SA.

ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.

Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.

Sumitomo Mitsui Banking Corp sells its shareholdings in Barclays to Nomura Securities. Sumitomo Mitsui Banking Corp of Japan had announced the sale of its shareholdings in British bank Barclays.

Alibaba's much anticipated IPO is rumored to be led by Credit Suisse. According to anonymous sources familiar with the matter, the highly anticipated IPO of Alibaba Group of China would be led by Credit Suisse.

Volaris, the Mexican budget airlines, is planning to undertake an IPO worth US$100 million. The operator of Mexican budget airline Volaris, Volaris Aviation Holding Co.

Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.

Qatari Diar acquires properties from the portfolio of Barwa Real Estate. Barwa Real Estate, the Qatari real estate developer, is undertaking plans to sell its assets estimated to be worth 26 billion riyals or US$7.

S-Pankki Oy acquires Tapiola Bank Oy, expanding its mortgage and insurance products for its customers.

Unilever would operate its food seasonings plant in Yangon, Myanmar by end of the month. The second largest consumer goods company in the world, Unilever, has said it has started to manufacture food seasoning in its plant in Myanmar.

According to its Chairman, Mukesh Ambani, Reliance Industries would expand its business operations in the next three years.

Royalty Pharma extends deadline for Elan to respond to its unsolicited offer. The private equity firm that invests in royalty streams from pharmaceuticals, Royalty Pharma, had extended the deadline for Elan Corp to respond to its US$6.

For its first European property purchase, KKR acquired 430,000 square feet of UK retail parks in Oxford, Glasgow and Sunderland.

Flocktory completes its latest series A financing worth US$1.5 million. (Photo : Reuters)The image is the corporate logo of Flocktory. The market leader in Russia's social referral marketing for online retailers, Flocktory, has announced that it closed its series A financing round.

Instructure gains another US$30 million from investors for its Series D financing round. (Photo : Reuters)The image is Canvas, Instructure's cloud based Learning management system.

Mobiquity was able to raise US$12 million in series B financing for its geographic expansion goals. (Photo : Reuters)The image is the corporate logo of Mobiquity.

Bloomberg LP unveils Bloomberg Beta, a fund focusing on technology start up firms. (Photo : Reuters)The image is the corporate logo of Bloomberg News. In an announcement, Bloomberg LP unveiled Bloomberg Beta, the US$75 million venture fund that would focus on providing financial investments in early stage technology firms and start up ventures.

Bharti Airtel shareholders approved the sale of 5% equity worth US$1.2 billion to Qatar Foundation Endowment.

The Yankees and the Mets, both New York MLB teams are climbing in value in the bond market. (Photo : Reuters)The image is the corporate logo of Major League Baseball.

San Miguel to sell off its stake in Meralco to fund its oil and gas expansion. (Photo : Reuters)The image is the corporate logo of the Philippines' San Miguel Corporation.

Springer Science, the German publisher, is weighing whether to sell shares or entertain bids for the company.

Bayer purchases Conceptus shares and becomes majority shareholder without need for shareholder vote due to right to top up the transaction.

Akhmetov's SCM has purchased 92.79% of Ukrtelecom from EPIC of Austria. Rinat Akhmetov, Ukraine's richest business mogul, owns a firm that had recently announced that it was purchasing Ukrtelecom, the former Soviet Republic's biggest fixed line operator.

Pactel is acquired by the partnership of TA Associates and SpeedCast. One of the leading global private equity firms, TA Associates has entered into an agreement with its portfolio company SpeedCast Ltd to acquire Pactel International.