The Gores Group purchases Etrali Trading Services from France Telecom-Orange. The global investment firm, the Gores Group together with France Telecom-Orange, the worldwide telecommunications service provider, had announced the acquisition of Etrali Orange Business Services - Trading Solutions.

Zain would establish an Iraqi company to comply with IPO regulations in the country. The largest mobile company in Kuwait, Mobile Telecommunications Co, popularly known as Zain, is now in the process of creating an Iraqi company so that Zain Iraq would be able to comply with the regulations on public share sales.

Two companies that are link to Chinese State-backed groups are pursuing the US$5 billion Glencore Xstrata mines in Peru.

Equilibria criticizes the executive pay plan, its former acquisitions and future ones to be done. (Photo : Reuters)The image is the corporate offices of RHJ International SA.

Grupo Gigante purchases Office Depot share in Latin American venture. The Mexican company that operates office supply stores, Grupo Gigante SAB, has agreed to purchase half of the venture of Office Depot Inc in the country worth 8.

Pirelli chairman seeks to include new investors after falling out with major partner in the Pirelli investment.

Salesforce purchases ExactTarget for US$2.5 billion. The largest maker of online sales management tools, Salesforce. com Inc, has announced it would purchase ExactTarget, the marketing software maker.

Emaar MGF, the joint venture between Emaar Properties PJSC and MGF Development Ltd is being accused of FEMA violations.

Cardio3 BioSciences is planning an IPO after a previous unsuccessful run. (Photo : Reuters)The image is the microscopic view of a stem cell sample. Cardio3 BioSciences, the heart drug specialist pharmaceutical firm from Belgium, is now in the midst of planning the stock market offer of its shares in the Brussels and Paris bourses.

BlackRock, in a bid to lower trading costs as well as attract more investors, is setting up the first European ETF.