Yury Kovalchuk's Bank Rossiya, partners purchase half of Tele2 Russia

Yury Kovalchuk's Bank Rossiya and his partners purchased a 50% stake in the Russian unit of Tele2.


STK steakhouse chain to merge with publicly-listed company - report

One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.

Roche CEO squelches possible merger with Novartis

Roche Chief Executive Officer Severin Schwan said the founding families of Roche Holding would prefer to remain independent.

Ferrero not for sale, denies receiving bid from Nestle

Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.


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Last Wednesday, Tata Docomo unveiled to the public a SAAS based business and office based productivity solution.
Harley-Davidson voluntarily recalled several motorcycle models made between May to October this year.
British retail giant Tesco Plc is partnering with Tata conglomerate subsidiary Trent to open stores in India.
Singapore Exchange's provisions on Asiasons Capital Ltd planned share sale may endanger the investment firm's buyout plan in Black Elk Energy Offshore Operations LLC.
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
Managers of hedge funds said to Reuters the worry over the US government defaulting on its debt payments was not as dire as they had experienced during the days leading to the collapse of financial services firm Lehman Brothers.
A group of private equity investors, SoftBank and eBay had pumped in around USD150 to USD200 million worth of new funding to online marketplace Snapdeal.
Lehman Brothers' Australian creditors had approved a proposed insurance payment plan that allowed the company to receive around USD48 million.
Orient Corp, a Japanese consumer credit company, had been probed by authorities for lending to crime groups with Mizuho Financial Group Inc.
BlackRock Inc. had reduced its Hong Kong investment after slow growth in the economy, said a Bloomberg report.