Gibson Guitar, a producer of electric guitars, says it was purchasing majority share in Japan's TEAC Corp. for 4.88 billion yen.

China's Dongfeng Motor Group decides not to continue bidding for a major stake in Fisker Automotive over loan obligations.

Transportation equipment firm Toyota Industries Corp. made completion of its tender offer for shares in Cascade Corp.

Merlin Entertainments Group is aiming for IPO either in New York or London through share sale. Merlin Entertainments Group is in talks with potential investors for its plan to sell shares by going public in either London or New York, the company's chief executive Nick Varney disclosed to Reuters.

Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.

Petrobras is now setting up its plan for the auction of its shares in Nigerian oil fields Brazilian oil firm Petrobras has auctioned its interest in the oil fields in Nigeria that would draw up to $5 billion as the company aims to get cash and embarks on a capital spending plan, sources familiar with the matter told Reuters.

A total of 528 million shares in Samsonite International were sold by Royal Bank of Scotland and private equity firm CVC Capital Partners as they exit in the Luxembourg-based company.

CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.

Barclays has decided to declare a 14.2 percent stake in Dutch cable company Ziggo following its failure to find enough buyers for the shares in a sale.

French insurer AXA is now finalizing the sale of the majority state in its private equity arm to a group of investors in a deal worth about 500 million euros.