Fund managers prepare IPO of HD Supply. HD Supply is going public and many private equity firms are preparing for the IPO. This comes six years after the industrial distribution company was bought out of Home Depot Inc for a whopping US$8.

Shareholders of Roche have agreed on a company pay plan after Swiss citizens voted on the imposition of a ban on big pays for managers in the country.

Charterhouse, HgCapital and Pamplona are the remaining companies battling to acquire German insulation company Armacell after Goldman Sachs Private Equity and Equiston withdrew from the auction.

Generali's BSI is being purchased by Bankinter and Apollo Global Management. US investment fund Apollo Global Management has partnered with Bankinter of Spain to make a formal bid for Swiss private bank BSI.

Spanish bank Bankinter formed partnership with U.S. investment fund Apollo Global Management to bid for Swiss bank BSI.

Security firm G4S has decided to sell its government business unit in the U.S. as the country struggles from budget cuts.

Owners of HD Supply are expected to sell the industrial distribution company in a proposed IPO as it reports significant improvement since financial crises.

Government competition bureau approves sale of Astral to BCE. Approval has been issued by the Competition Bureau of Canada for the purchase of BCE Inc of Astral Media Inc.

Facebook to answer lawsuit over IPO misinformation. Facebook, still reeling from the fiascos of its IPO, is now facing another shareholder lawsuit. The world's biggest social networking company's executives, namely founder and CEO Mark Zuckerberg, its board and other officers for the damage sustained.

New York-based Latin American Private Equity and Venture Capital Association disclosed that buyout and venture capital firms spent $7.9 billion on acquisition activities in Latin America last year as they benefited from fundraising to gain capital.