Deals

Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.

AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.

TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.

Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.

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According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.

Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.

Potbelly Corp. announced its initial public offering as it intends to raise USD75 million to pay a previously declared cash dividend.

According to sources, CSN might call off the deal with German steelmaker ThyssenKrupp if the its Alabama plant would not be included in the offer.

KPN foundation had intervened to block the EUR7.2 billion America Movil-KPN deal to safeguard the group's stakeholders.

L'Oreal CEO Jean-Paul Agon said that the company would be ready to buy Nestle's stake in the company which was valued at EUR22 billion.

Blackberry, the leading mobile device in India, had announced selling its global operations unit but would remain business as usual to ease fears of Indian users.

Global Founders Capital announced today its first round of investments in three online startups which totaled over USD5 million.

Foursquare started discussions with multiple large technology companies about a possible strategic investment.

Vodafone Group planned a stake sell from its holdings in Verizon Wireless valued more than USD100 billion.