Various private equity firms from the UK, US and Hong Kong are reportedly among those who placed initial bids to takeover Indian business process outsourcing company SourceHOV. Initial bids have valued the BPO firm at USD1 billion.

Germany based energy firm SolarWorld has bought Bosch Solar Energy in an effort to increase its influence and market share in the solar energy industry.

Software solutions maker Datel, the leading Sage Business Partner in the UK, announced its acquisition of the Sage 200 customer base from Pythagoras Communications Ltd.

Social media giant is in talks for its first acquisition of a product firm in India, Bangalore-based performance analysis and monitoring tools startup Little Eye Labs.

British oil services group Petrofac is not interested in acquiring Swiss-based engineering company Foster Wheeler, a source familiar with the UK company said on Sunday.

The chairman and largest shareholder of German rail technology provider Vossloh denied he was planning to delist the company or merge it with his own company Knorr Bremse, which makes rail and commercial vehicle brakes.

Retail bondholders of Britain's Co-operative Bank have voted in favor of a restructuring to rescue the bank and proceed with its plan to fill a 1.5-billion-pound hole in its capital.

China's securities regulator could streamline its approvals process for some initial public offerings by next January, the regulator said on Saturday, mapping out reform measures.

Brampton Brick Limited today announced that it has entered into an asset purchase agreement to acquire substantially all of the assets of Atlas Block, including its state-of-the-art facility located in Hillsdale, Ontario.

Imvescor Restaurant announced today that a wholly owned subsidiary of Imvescor has acquired the manufacturing facility, customer relationships, the trademark ''Commensal'' as well as all associated retail products marketed under the Commensal brand.