Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.

Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.

TwinFocus stated that it had established a Private Equity unit and brought in Orlando Mendoza to lead the newly formed unit.

Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting. Investel Capital Corp. , an investment fund with offices in Toronto and Vancouver, agreed to purchase British Columbia-based cable television provider Coastline Broadcasting of Black Creek for an unspecified amount.

Colonial Savings puts a financial services veteran as new DFW Commercial Bank President. Colonial Savings has named veteran financial services professional Brent Davis as the new DFW Commercial Bank President.

Summerhill joins several investors in bringing up C2FO's total to USD 18 million, Canada-based Summerhil; Venture Partners has joined investment firm Mithril in raising C2FO growth funding to a total of USD 18 million.

Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.

Richman Group closed a total of USD 291 million of tax credit funds. Richman Group Affordable Housing Corp, a top equity fund sponsor for housing, closed a USD 166 million fund that includes a portfolio of properties scattered in 18 states and USD 125 million fund in New York, bringing up the total to USD 291 million.

Telefonica's merger with German KPN unit has posed a dilemma to the European Commission. Telefonica SA (TEF) and Royal KPN NV are testing European regulatory stipulations with their upcoming merger of mobile-phone units in Germany.

NatureBox Inc received USD 8.5 billion from investors Softbank Capital and General Catalyst Partners.