Activist investor William Ackman told investors through a letter dated October 2 that he had reduced over 40% of his USD1 billion investment with nutritional supplements company Herbalife.

The ownership structure of the new merged firm between Oi SA and Portugal Telecom would be simple, compared to the previous structure.

Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.

Multiple sources and data from purchasing contracts indicated that Intellectual Ventures had slowed down in its patent buying to raise USD3 billion in capital.

Credit analysts said that the divestment of DONG Energy's 26% stake to two funds managed by Goldman Sachs and two Danish pension funds may lead to a reassessment of its negative credit outlook.

Rosneft chief executive Igor Sechin said to reporters on Thursday that his company would be considering buying Lukoil's stake in its Venezuelan consortium.

The Alibaba Group led the Series C round for Quixey, of which its latest funding round raised USD 50 million in capital commitments.

Investment advisor Jemstep said it was able to add USD 4.5 million for its Series A follow-up round.

Aqua Capital said it was able to close its Agribusiness & Food Fund with USD 173.4 million. Private equity firm Aqua Capital announced the close of its Agribusiness & Food Fund, of which had gathered USD 173.

Veeva Systems Inc filed for a USD 182.6 million IPO in the New York Stock Exchange. Cloud computing company Veeva Systems Inc filed for an initial public offering to raise up to USD 182.