Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.

Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.

Citigroup's private equity firm, Citi Venture Capital International would buy India's Sansera Engineering for US$56 million.

In a conference held today, the IEA said that they need US$300 billion to finance the Power Africa project.

Signal Hill sponsors Boston-based Launchpad Venture Group. In an announcement today, investment bank Signal Hill said that it became a major sponsor of Launchpad Venture Group.

In a recent study, the United Kingdom leads the merger and acquisitions investments in Africa. Companies from the United Kingdom have made the most investments in mergers and acquisitions in the African continent within the last 10 years, according to a study made by Freshfields Bruckhaus Deringer.

Data Device Corporation, Behrman Capital's unit, bought National Hybrid Inc. from API Technologies Corp. for US$32.5 million.

Japanese company Olympus offers its stock, both new and existing, to overseas markets to raise funds for research and debt payment.

Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.

Due to a newly created rule, alternative investment market trusts can now be captured in investment savings accounts.