Brazilian oil company OGX is reportedly in talks with bondholders about a USD150 million capital infusion in the struggling firm. OGX previously reported a loss of BRL2.1 billion and filed for bankruptcy with USD4 billion in debt.

US firm Aurelius Capital Management sold its stake in Britain's Co-operative Bank to London hedge fund Perry Capital days after the private life of the bank's former chairman, Reverend Paul Flowers, was exposed.

The exit of private equity from their investments in contract research organizations (CROs) could threaten its growth, says two financial experts at Partnerships in Clinical Trials.

Veolia Environnement announced that the purchase of the 50% stake of Fomento de Construcciones y Contratas (FCC) in Proactiva Medio Ambiente has been closed in a deal valued at EUR150 million.

London-listed Hochschild Mining Plc plans a USD350 million bond issue to finance its expansion projects in Peru and Chile. It intends to invest USD372 million in a silver mine project in Peru and USD1 billion in a gold project in Chile.

Africa-focused private equity (PE) fundraisers have secured more than USD2 billion from January to September, according to Private Equity Africa, a publication for fund managers and investors.

Morgan Stanley now leads in mergers and acquisitions in Japan, advising 41 takeovers this year worth USD 28.3 billion, through its venture with Mitsubishi UFJ Financial Group Inc.

Canada-based base metals mining firm Trevali Mining Corp announced the closing of a USD46-million financing through the offering of 55.4 million of its shares priced at USD0.83 apiece.

Mumbai-based realty major Lodha Group has bought a 0.67-acre property near the Buckingham Palace in London for over INR3,120 crore. The property will be converted into super-luxury residential flats.

Archer Daniels Midland (ADM) said it will consider increasing its stake in GrainCorp after its takeover bid for the grain handler was rejected by the Australian Treasurer on Friday.