Lloyds Bank has engaged the services of Deutsche Bank to provide services for the possible sale of Scottish Widows.

Sinopec's bond sale is the largest debt sale in Asia outside of Japan. In a recent announcement, China Petroleum and Chemical Corporation has raised a total of US$3.

The first IPO for a Shariah banking institution would be held by the second quarter of 2013. PT Bank Muamalat Indonesia Syariah, the Indonesian Shariah lending institution, is aiming to raise nearly US$300 million through an initial public offer.

For a symbolic dollar, Provo sells its network to Google. Google's Fiber is destined to be located in Provo, Utah after the search engine giant has entered into an agreement with the city's network for just US$1.

KPMG purchases Makinson Cowell to assist in determining shareholder opinion on company management. KPMG is in the process of acquiring Makinson Cowell, the London-based corporate advisory firm.

Blackhawk, Safeway's company, priced its IPO above initial pricing. The gift card provider, Blackhawk Network Holdings Inc, is owned by Safeway Inc recently announced it has raised US$230 million in its inital public offering.

ING sells shares in KB Life to JV partner. ING Groep NV, the Dutch bank and insurance group announced that it had agreed to sell its 49% shareholdings in KB Life, the Korean insurance company.

NovoPedics obtains funding from Foundation Venture Capital. The recently established NovoPedics was able to obtain a $500,000 funding from Foundation Venture Capital.

Saban Capital Group opens its Saban Capital Group Asia subsidiary. In an announcement, leading global media and communications investment firm Saban Capital Group disclosed that its fully owned subsidiary Saban Capital Group (Asia) Pte Ltd.

Blackstone is in the process of selling Barker Block in Los Angeles. Blackstone Group LP is in the process of selling off its London West Hollywood hotel property to maximize the benefits provided by the surging Los Angeles lodging market.