French media group Vivendi SA is likely to close a deal in the coming weeks to sell a stake in Brazilian telecoms unit GVT

Wolfberg and Landry to join forces in new hedge fund firm. Adam Wolfberg, a veteran of SAC Capital Advisors, Diamondback Capital Management and the Galleon Group is teaming up with Steven Landry of East Bay Asset Management would launch a new hedge fund.

Former Soros CIO Anderson now raising funds for own financial firm. Learning from the best now he is striking it out on his own. Keith Anderson, former Chief Investment Officer at Soros Fund Management is now raising funds for his own hedge fund named Anderson Global Macro according to recent report from Reuters.

Italian oil major Eni and Russia's Rosneft have both agreed to develop trading and logistics opportunities.

RBS is expected make sale of a portion of stake in Citizens Financial Group The Royal Bank of Scotland is set to announce its plan to sell a stake portion in Citizens Financial Group Inc.

Telrad Agrees to Purchase Alvarion BWA Telrad Networks said it plans to acquire Alvarion Ltd. 's broadband wireless access business in a $6. 1 million deal.

There are two investment plans, proposed by Farnair and Airsia, that will be put in consideration of India's FIPB.

There have been many foreign companies related to agriculture that are courting Malaysia for investment plans.

Datalink to expand through acquisitions. Datalink Corporation is now formulating plans to use acquisitions in order to double its sales revenue to a projected US$1 billion in the next three years.

Hamilton Lane purchases Shott Capital. In an announcement, Hamilton Lane said it has acquired Shott Capital Management. Shott is a private equity firm that provides in kind stock distribution management services to institutional investors.