Dell Inc postponed a shareholder vote on its chief executive's $24.4 billion buyout offer to Wednesday after failing to get enough support to seal the deal, despite winning over several large investors at the eleventh hour.
Indonesian coal miner Bumi Plc set in motion the first part of a plan to separate from Indonesia's Bakrie family, signing a $501 million agreement to sell a minority stake in Jakarta-listed Bumi Resources to the Bakries.
Austria's Erste Group Bank AG said it made net proceeds of about 632 million euros ($828 million) from a capital increase this month, in which its foundation cut its stake.
Private equity firm Bain Capital said it has agreed to buy a majority stake in British government-owned Plasma Resources UK for 230 million pounds ($348.98 million).
Johnson Controls Inc posted a stronger-than-expected quarterly profit on Thursday and said it would sell part of its auto electronics business for about $700 million.
Myanmar's government has signaled it could let foreign banks buy stakes in local lenders as it worries that resistance by domestic banks to joint ventures could hamper plans to attract investment and rebuild the financial system.
Italy plans to meet national and international investors after the summer to detail the sale of selected state assets as part of a strategy to cut its enormous debt, a top lawmaker told reporters on Thursday.
Men's Wearhouse announced that it had acquired Joseph Abboud in a deal worth US$98 million.
