Blackstone Group stated it would be selling the La Quinta hotel chain through either a public shares offering or a private sale of the company.

Versa Capital Management stated it had acquired Hatteras/CABO from the Brunswick Corporation for an undisclosed amount.

Sources said Siemens is selling water technologies unit to private equity firms. Sources close to Siemens AG revealed private equity firms have zeroed in on the company's water technologies business unit.

Kelt Exploration revealed that it had signed flow-through share equity and common share financing agreements with underwriters worth US$99.6 million.

With the purchase of Colomer by Revlon, the growth of the beauty products industry would continue to grow.

The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.

Investment firm Crescent Capital Group said it raised more than USD 3.4 billion for its sixth fund, Crescent Mezzanine Partners VI.

Montreal-based TVM Life Science Ventures VII managed by international venture capital company TVM Capital Life Science invested in Ixchelsis Ltd, a startup based in the UK.

Private equity firm GTCR announced the partnership it formed with Ed Fiorentino for the formation of Crealta Pharmaceuticals Inc.

Marlin Equity Partners bought Asset Control for an undisclosed amount. Marlin Equity Partners bought Asset Control for an undisclosed amount. The latter provides financial institutions around the world with solutions for data management.