Publicis and Omnicom hired New York based Moelis & Co and the Paris-based adviser Rothschild for their merger.

The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.

Old Mutual Investment Group announced that it had launched a new private equity fund which is to be invested in private equity funds in South Africa.

DLF announced that it is entertaining private equity firms after ending the talks to sell Aman Resorts with Zecha.

A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.

Samsung appointed a new African CEO and boosted capital spending. There were several notable events in Samsung recently. One of which was appointing a new CEO for Africa.

The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.

Peter Loescher, the first outsider to lead the company will be leaving Siemens soon. Peter Loescher, chief executive of Siemens and the first outsider to lead the company, will be leaving the company four years ahead of his end of contract.

Google's mess in China should concern the company as it brings risks of being used as a blueprint in the US.

Google discontinued its Chromecast-Netflix subscription promo after receiving "overwhelming demand".