Philippine-based telecommunications firm Philippine Long Distance Telephone Company (PLDT) completed the divestment of its 27% holding in its wholly owned subsidiary ePLDT Incorporated to Philweb Casino Corporation (PCC).

KKR & Co and the private equity arm of Goldman Sachs Group Inc quietly exited their investment in US discount retailer Dollar General Corp on Wednesday in a stock sale valued at $252 million.

London-based leveraged buyout firm CVC Capital Partners Ltd told investors it plans to exit its remaining stake in North American travel chain Pilot Travel Centers LLC.

India-based firm GMR Infrastructure Ltd said exit deal of its 40% interest in Istanbul's Sabiha Gokcen airport was still in progress, after a local paper reported it had already closed the deal for €220 million ($302.58 million).

Philippines-based personal care manufacturer Splash Corp announced the sale of its minority interest in Medical City owner and operator Professional Services Inc for PHP295 million.

Australia-based oil explorer Senex Energy Ltd has made a preliminary offer to buy and merge with AWE Ltd, according to two sources familiar with the matter.

US-based oil and gas company BreitBurn Energy Partners LP has announced a definitive agreement to acquire oil and gas properties in Texas' Permian Basin for an estimated $282 million.

Debt-ridden fishing firm Pescanova SA is weighing a buyout offer from a consortium led by US private equity firm KKR & Co. The KKR & Co consortium, which includes investment firm Ergon Capital Partners and existing shareholders Luxempart and Damm, offered to acquire Pescanova for an undisclosed sum.

Fidelity and Guaranty Life has raised $165.75 million in its New York initial public offering. The Harbinger-backed insurer sold 9.75 million shares priced at $17 per share.

Israeli water meter developer Arad Group is in advanced talks to buy a 50% stake in a Mexican water-measuring company, a Bloomberg report said. The deal is reportedly worth $10 million and is expected to be closed early next year.

Confectionery retailer Candyking on Friday said it will withdraw its initial public offering at the Stockholm bourse. Candyking in November said that it would sell 18.5 million shares in a deal worth SEK830 million.

Elder Pharmaceuticals Ltd. has put up for sale its Indian formulations business to reduce its debt. Rival Torrent Pharmaceuticals will acquire the asset for $324.1 billion through internal accruals and debt.

Moscow, Russia-based fund AddVenture has invested $2 million in online jewelry seller Nebo.ru and an undisclosed amount in food delivery startup Chefmarket.ru for their marketing and expansion projects.

Wal-Mart Stores Inc. on Friday appointed senior vice-president Krish Iyer as new chief executive officer of Wal-Mart India. Iyer was named the retailer's new local unit CEO two months after Wal-Mart called off its Indian joint venture with Bharti Enterprises Pvt.

US-based EchoStar Corp. said it had ended talks with Vivendi SA's subsidiary Global Village Telecom on a proposed partnership in Brazil. The joint venture aims to provide pay TV services in the Latin American country.

Philippines-based oil firm Trans-Asia Oil and Development Corp has agreed to acquire an unspecified amount of shares worth PHP136 million in Frontier Oil Corp next year, the latter said in a stock exchange disclosure.

US-based professional technical services provider Jacobs Engineering Group Inc announced the completion of its merger with Australia-based firm Sinclair Knight Merz in a deal valued at AU$1.3 billion.

California-based hybrid storage solutions provider Nimble Storage is expected to raise $184 million on its debut on the New York Stock Exchange tomorrow with shares priced between $18 to $20 apiece.

Saputo Inc., Canada's biggest dairy company, has extended its bid for Warrnambool Cheese and Butter Factory Co. by a week to next Friday. Saputo is up against Murray Goulburn Co-operative Co. Ltd. and Bega Cheese Ltd. for the Australian dairy firm, according to a Reuters report.

In its first acquisition after going public, Australia-based insurance brokering network Steadfast Group Limited has bought a 60% stake in underwriting agency Protecsure Pty Limited.

Monte dei Paschi di Siena's board has opposed a proposal by its top investor to push back a €3 billion cash call to May next year. Monte Paschi's largest shareholder earlier threatened to vote against the impeding capital increase.

US-based hedge fund Golden Tree Asset Management LP increased its stake in English-language daily newspaper publisher Postmedia Network Canada to 39% in a deal valued at $1.6 million.

American International Group is said to be negotiating the sale of International Lease Finance Corp. to Netherlands-based independent aircraft lessor AerCap Holdings NV. In December 2012, AIG agreed to sell as much as 90% stake in ILFC to a Chinese consortium for $4.7 billion.

MBC Properties, the real estate arm of Miller Brothers Co, has bought the Bradford Mall in Pennsylvania and is planning to renovate the place and bring in new tenants.

Private equity firm Round Hill Capital is reportedly nearing a deal to exit fromproperty group Vitus Immobilien to Germany's Deutsche Annington Immobilien. The deal is expected to be worth €1.3 billion.

Irvine, California-based firm Oculus VR has raised $75 million in a funding round led by venture capital firm Andreessen Horowitz to launch a consumer version of the tech firm's virtual reality goggles.

The government of Ireland has chosen a consortium led by British energy supplier Centrica PLC to acquire the retail unit of its gas utility Bord Gais Energy. Centrica's group will buy the asset for €1.12 billion.

Car pricing information website TrueCar.com has received a $30 million investment from Vulcan Capital. Vulcan Capital is controlled by Microsoft Corp. co-founder Paul Allen and has been investing in Internet and technology firms.

Hong Kong-based private equity fund RRJ Capital Ltd bought a 7.85% stake in renewable power developer China Everbright International Ltd in a deal valued at $350 million.

An investor group led by Canadian private equity firm TorQuest Partners has bought a majority stake in Edmonton-based A&B Rail Services Ltd in a deal with undisclosed financial terms.