Quill's CEO and founder announces GBP1 million funding round. In an announcement, Ed Bussey said that it had closed GBP1 million as investment in Quill.

Britain's Crown Estate enters into a joint venture agreement with Canada's Oxford Properties for the redevelopment of the St James district.

Kazakhmys sells off MKM to an undisclosed buyer. Kazakhmys, the copper mining firm from Kazakhstan, announced last Tuesday that it had sold MKM, its semi-finished copper products business in Germany.

TECO Energy and Continental Energy agrees to purchase New Mexico Gas Co. In an announcement, TECO Energy Inc had said it had entered into a stock purchase agreement with Continental Energy Systems LLC and its unit, New Mexico Gas Intermediate Inc.

Hedge fund group is seeking to break up Kleinwort Benson for poor performance and 'erratic' management strategy.

AstraZeneca acquires Omthera's fish oil derived pharmaceutical line. In an announcement, AstraZeneca would be acquiring Omthera Pharmaceuticals for the price of US$443 million to boost its cardiovascular drug business.

Azul Linhas Aereas is planning a share sale to raise funds to purchase new planes. Azul Linhas Aereas, the third largest airline of Brazil, is planning to raise 1.

Valeant purchases Bausch & Lomb to create business unit that can generate US$3.5 billion in net revenue.

EFES is affected by law passed by the Turkish government. The largest beermaker in the Middle East is being buffetted in the world's credit markets at the same time Turkish Prime Minister Recep Tayyip Erdogan has been clamping down on sales of alcohol and its attendant advertising.

The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.

Hikma Pharmaceuticals is prepared to make many acquisitions with the funds it has set aside. Hikma Pharmaceuticals, based out of London, says it has set aside US$600 million to pay for acquisitions it would be making in the Middle East and Africa.

According to its CEO, Majid al Futtaim is earmarking between US$600 million and US$1 billion for acquisitions this year.

Singapore Press would be undertaking the REIT IPO of two malls in its portfolio. Singapore Press Holdings Ltd had announced last Monday that it is planning to list two shopping malls worth Sing$3.

Fiera Capital is pursuing to double its assets through acquisitions of US firms. The Canadian money manager Fiera Capital Corp is planning to increase its assets to more than double the current value of Can$150 billion or US$145 billion through the addition of smaller US firms.

A consortium of Club Med's top shareholders, Fosun International and AXA Private Equity preparing to bid Eur17 per share.

According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.

Pfizer would be offering a voluntary stock exchange program with current shareholders for Zoetis shares.

Peru's president said he would be implementing a new set of reforms designed to boost investments in the country.

China's Premier Li Keqiang has criticized the move of EU to investigate alleged anticompetitive activities of two Chinese firms in Europe.

Egypt set to return the taxes collected from the QNB acquisition of NSGB. (Photo : Reuters)The image is the Arabic logo of the Qatar National Bank. In an announcement, the Egyptian government has said it would be refunding taxes it has collected from the acquisition by Qatar National Bank of National Societe Generale Bank.

Kion Group has said it is biding its time with its scheduled IPO. The second largest manufacturer of fork lifts in the world, Kion Group has said it is ready to undertake an initial public offer of shares.

Pay television operators amongst the bidders for Hulu. An anonymous source with direct knowledge of the transaction identified pay television operators DirecTV and Time Warner Cable as among the bidders, aside from Yahoo and the consortium led by Peter Chermin.

News Corp announced it is splitting its entertainment business from its publishing empire. (Photo : Brendan McDermid/Reuters)News Corp said on Friday it bought SportsTime Ohio, a Cleveland-based regional sports network that broadcasts Cleveland Indians baseball games.

Google may find itself in antiregulatory waters should it push its bid for Waze. (Photo : REUTERS)U. S. regulators closed a long-running investigation into allegations that Google tweaks search results to hurt rival companies without finding any wrongdoing, a decision that disappointed rivals and critics of the Web search giant.

Canadian dollar falls against US greenback due to current trends. (Photo : Reuters)The image is a Canadian dollar bill, a twenty to be exact. The Canadian dollar fell to its lowest level against the US greenback with concerns that the gains achieved from the risky assets have outpaced the current economic growth.

Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.

Bluefly's treasury shares as well as shares held by stockholders were purchased by Clearlake Capital.

Many buyout firms and manufacturing companies are eyeing the sale of Panasonic's healthcare unit.

Google contemplating on acquiring Waze. The creator of the Android operating system, Google Inc. , is also contemplating on acquiring the free mobile navigation application, Waze Inc.

Hulu.com auction attracts more bidders. The private equity fund, Guggenheim Digital Media and former President of News Corp, Peter Chernin, have already tendered their bids for the online video service, Hulu Video, as related by sources who are knowledgeable of the matter to Reuters.