Postmedia Network Inc. announced through its newspapers Monday that it would be selling the home building of the Calgary Herald and the printing plant of Newspapers Vancouver Sun and the Province's printer, Kennedy Heights.

Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.

The Indian Telecom Commission had cleared the planned exit of Telecommunication Consultants India (TCIL) for its 30% stake in Bharti Hexacom.

Politico publisher Robert Allbritton issued a statement on Monday saying that he acquired news Web site Capital New York for a small, undisclosed amount.

A revelation made by New Jersey newspaper The Record indicated that Port Authority of New York and New Jersey in 1986 sold the name "World Trade Center" for only USD10.

Krehbiel family-founded Molex had agreed to be bought out by Koch Industries for USD7.2 billion. On Monday, Koch Industries had agreed to acquire Molex for USD7.

BBA Aviation plunged as much as 4.1% after merger talks with Dubai Aerospace Enterprises Ltd ceased.

According to sources who told Wall Street Journal, Neiman Marcus would be wrapping its over USD6 billion exit deal with Ares Management LLP and the Canada Pension Plan Investment Board soon.

A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.

Generali Chairman Gabriele Galateri told Reuters in an interview that the company would be selling its stake in Telecom Italia depending on the decision made during the Italian phone company's shareholders meeting.