Serent Capital agrees to invest in Optimal Blue. Serent Capital has invested in leading mortgage technology provider, Optimal Blue. Serent Capital is a leading San Francisco-based private equity firm that focuses on investing with high growth and profitable companies.

According to MTN CEO,the company is expanding from Africa to Asia and the Middle East. The largest African mobile operator, MTN Group Ltd, is expected to spend as much as US $8 billion on acquisitions in order to increase its spending in networks that limited its earnings.

PKO BP just recently announced plans to purchase Nordea Bank Polska and is also looking into the purchase of CSOB of KBC Groupe.

The Petronas shareholdings increased after it submitted its revised offer to EPF for its shares for MISC.

The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.

Top real estate investors listed on the EGX show slight gains as demand increase as a hedge against the upcoming inflation due to currency devaluation.

Three partners led by Nicolas Berggruen is planning to invest as much as Eur 1 billion in Portuguese properties.

Manulife purchased Kowloon East Building for HK$4.5 billion. Manulife Financial Corp has inked a deal to pay the second highest price on record for an office tower in Hong Kong.

CEO Franco Bernabe would most likely be given permission to conduct exploratory talks on a merger between Telecom Italia and Hutchison Whampoa.

Denizbank has entered into an agreement to acquire the Turkish consumer businesses of Citibank. Denizbank A. S. of Turkey was recently acquired by Sberbank, a state controlled bank of Russia late last year.

In a bid to divest assets to raise funds, Rio Tinto's Turquoise Hill is selling off its Ivanhoe shareholdings.

New terms have been added to sweeten the MetroPCS-T Mobile deal. In a bid to woo investors to vote for the merger, Deutsche Telekom had reduced the level of the merged company's debt for the proposed T-Mobile USA and MetroPCS merger.

In a deal worth US$1 billion, AXA SA would transfer assets from its US unit to Protective Life. A deal was recently announced where Protective Life Corp.

The world's richest man now holds 31.1% of America Movil shares. Carlos Slim, the world's richest man, has further increased his shareholdings in his phone company America Movil.

Crest Financial files a proxy statement contesting the Sprint Nextel-Clearwire merger. The biggest minority shareholder in Clearwire Corp, Crest Financial Ltd, has filed a proxy statement with federal regulators.

Thermo Fisher's bid for Life Technologies remained the best offer compared to an effort of buyout firms to put together a bid proposal.

Google Glass gets backing from venture capital firms. A number of venture capital firms have teamed up to provide funding for companies working on Google Glass.

Before the MetroPCS shareholder meeting, the shareholders that had filed suit are now wondering the next move the merging firms.

KGHM, with a goal towards being the top copper producer, is ramping up its acquisitions every two or three years.

First Manhattan Company, Vivus top shareholder, is calling out the risk management strategy as insufficient to ensure the drug Qsymia's success.

The Carlyle Group establishes its Indonesian office and taps a former UBS banker to head it. In a clear sign of expansionist motives, the Carlyle Group LP has launced an Indonesia office and has tapped a former banker of UBS to head the firm's operations in the country.

Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.

Luxembourg joins the many other members of the EU in allowing the relaxation of bank secrecy laws on deposits made in their country.

Carlyle Group purchases Central Plaza for US$267 million from Forterra Trust. Private equity giant the Carlyle Group has announced the acquisition of the Central Plaza for US$267 million.

Options City receives financing from Edison Ventures. Edison Ventures announced its capital investment in OptionsCity Software, a provider of electronic trading platforms.

The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.

Ora.TV purchases Stick Figure Productions for an undisclosed amount. Mexican billionaire Carlos Slim's Ora TV has purchased television production company Stick Figure Productions.

InnoBio joins experts for drug research InnoBio, a biotech fund managed by CDC Enterprises, had announced its joint venture with Sofinnova Partners in MedDay for the cost of EUR 8 Million or $10.

WellTok Completes new series B round funding. The developer of CafeWell, the top Social Health Management Platform has announced the completion of its Series B funding activities.

Renaissance has acquired three oil wells from Black Elk Energy. A privately held oil and gas company based in Houston has completed the acquisition of select Black Elk Energy assets.