While the terms remained private, Estancia purchases a minority stake in Equinoxe. One of the leading private equity funds that focus on global asset management and other related business industries, Estancia Capital Partners LP, recently announced its acquisition of a minority interest in Equinoxe Alternative Investment Services.

The projected bond issue for the Verizon-Vodafone exit deal would exceed the previous high set by Apple.

A term sheet seen by Reuters revealed that Bank of America Corp would exit from China Construction Bank Corp by selling shares worth USD 1.5 billion.

Al Baraka Turk bared its plans to issue more than USD 200 million in Islamic bonds late this year or early next year.

A termsheet of the Power Finance Corp showed that the Indian firm would conduct a private placement of tax-free bonds in order to raise INR 1.5 billion.

Sources told the Wall Street Journal that consumer goods maker Jarden Corp would buy scented candle maker Yankee Candle for USD 1.75 billion.

Kathy Kriskey is RBC Capital Market's new head of commodity investor sales. In an announcement, RBC Capital Markets introduced Kathy Kriskey as its new head of commodity investor sales in New York.

Verizon CEO's demeanor and relationship with Vodafone was key to the deal being finalized. The stage for the USD130 billion buyout of erstwhile partner buyout of Vodafone Group Plc from the venture in Verizon Wireless was set two years ago.

Although both companies declined to comment, analysts said Time Warner might have caved in to CBS's demands for higher transmission fee and additional fees for digital content.

Lafarge would sell its 53.3% stake in its Honduras business to Cementos Argos for a price tag of EUR 232 million.