State-owned PetroChina Company Ltd said it was discussing with relevant parties about developing the West Qurna oilfield in Iraq.

Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.

Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.

H.I.G. Capital-backed Harrison Gypsum acquired the Eagle Ford Division of Pinnacle Materials. Global private equity investment company H. I. G. Capital announced the acquisition of the Eagle Ford Division of Pinnacle Materials.

KKR inked a definitive agreement to buy RigNet Inc from Cubera. Leading investment company Kohlberg Kravis Roberts & Co (KKR) signed a definitive agreement to acquire RigNet Inc.

Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.

Glencore announced plans to sell off parts of recently acquired Xstrata assets. Glencore took a hit on Xstrata's mining assets for USD 7. 7 billion on Tuesday .

TT electronics said it intends to spend up to GBP 100 million for bolt-on acquisitions. UK-based electronics group TT electronics Plc revealed its plan to acquire bolt-on firms for its combined industrial sensing and control units.

The Straumann Group announced plans to purchase discount players in the dental implants market. Swiss-based dental implants maker Straumann Group said it plans to acquire rival companies that make low-cost brands.

One of the largest South African buyout firms, Ethos Private Ltd, is planning to sell its stakes to Alexander Forbes, Africa's largest retirement-fund administrator.