Investors welcomed the news that Gazprom would be divesting itself of the 37% stake it holds in Lithuania's Amber Grid.
Sectors
Chevron Corp set to receive bids for its Nigerian oil block- sources
Sources told Reuters that Chevron Corp would be getting bids by the end of September for its Nigerian oil blocks.
Arabtec forms venture with Samsung Engineering Co.
The new joint venture to participate in projects in the Middle East and Africa comprised of Arabtec and Samsung Engineering Co.
Investcorp purchases Paper Source for an undisclosed amount
Private equity firm Investcorp had purchased paper products company Paper Source for an unspecified amount.
Sycamore, KKR to bid on Jones Group - report
According to a report by the New York Post, two sources said that private equity firms Sycamore Partners and KKR & Co LP would be bidding for fashion retailer The Jones Group within this week.
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Applied Materials and Tokyo Electron signed a definitive agreement to merge and create a new firm valued at USD 29 billion.
Coates Hire undertook a revised loan agreement with its existing lenders. Coates Hire Ltd, owned by Carlyle Group and Seven Group Holdings, would be undertaking an "amend and extend" loan with its existing lenders.
Xinyi Glass announced plans to spin off Xinyi Solar Holdings and list it in the Hong Kong market. China-based Xinyi Glass Holdings Ltd announced its intention to spin off Xinyi Solar Holdings Ltd and list the business in the Hong Kong bourse.
Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.
Saad Al Muhannadi and Rachid Al Naimi were appointed as President of the Qatar Foundation and CEO of Qatar Foundation Investments respectively.
A source told Bloomberg that Sony's Head of Marketing for its film unit, Marc Weinstock, was removed from his role.
Russian Presidential aide Yury Ushakov told reporters that state-backed nuclear company Rosatom would be signing an agreement with Fennovoima for the construction of a nuclear power plant.
Fairfax Holdings formalized a bid for BlackBerry at USD9 per share. In a surprise announcement, smartphone manufacturer BlackBerry had entered into an agreement to go private through a USD4.
A unit of China Investment Co, Chengdong Investment Corp, converted its Uralkali bond purchase to stock.
