The largest US life insurer New York Life Insurance Co purchases Dexia Asset Management. The largest US life insurer owned by policyholders, New York Life Insurance Co had entered into an agreement to acquire a Dexia SA unit worth EUR380 million or USD512 million.

Chinese e-commerce giant Alibaba Group recently acquired similar Dropbox service Kanbox for an undisclosed amount.

ProAssurance Corp announced that it would be buying Eastern Insurance Holdings for USD 205 million. Alabama-based risk management company ProAssurance Corp said it would be purchasing Eastern Insurance Holdings.

Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.

Today, Dealertrack announced signing an agreement to acquire VINtek in a deal valued approximately USD53.4 million.

B2Gold Corp said the company had seen good deals for possible acquisitions in the next 12 months, according to a Bloomberg report.

Lloyds' TSB business had received early approaches from private equity firms, according to a report by City A.M.

Crescent Real Estate Holdings sold the properties it had bought in 2009 to ride the real estate market recovery.

The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.

JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.