TorQuest announced the closing of its third fund with USD 535 million. Canadian private equity firm TorQuest announced that it was able to raise USD 535 million for its third fund.

IMDS, the leading company in the manufacture of orthopaedic implants and instruments, recently was acquired by Golden Equity Investments.

Masharie, a subsidiary firm of Dubai Investments, sold its stake in Anchor Allied Factory to Alkhabeer Capital.

In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital. In an announcement, Okta said it had completed a Series D funding round where it raised a total of USD27 million.

NZ Prime Minister John Key, despite the write down of key assets, expects to reach the lower end of initial targets for revenues for share sales of government owned interests.

KPN shareholders would meet to study American Movil's bid. Dutch phone company Royal KPN NV had been awaiting a bid from America Movil SA with a planned sale of its German wireless business in order to avoid paying taxes on its future earnings.

Chrysler CEO Sergio Marchionne told the Financial Times that Chrysler would be ready to file for an IPO this week.

Tencent joins a handful of companies that is now worth USD100 billion. Less than ten years from its public listing, Tencent Holdings Inc's market value had surpassed USD100 billion.

Australia's Link Group recently acquired superannuation administration software provider Syncsoft.

Two of the biggest managed risk services providers in the world, Stiftelsen Det Norske Veritas (DNV) and Germanischer Lloyd SE (GL), got approval from competition authorities to finalize its planned merger.