Two global insurers are in the running to purchase HSBC Plc's life insurance unit in India. Manulife Financial Corp of Canada and its Indian afflilate Standard Life Plc are among the bidders for the HSBC Plc's Indian life insurance unit.

After approval of the Colombian government, the plan of Telefonica SA is to offer its Colombian unit for public listing in an IPO.

The European Financial Stability Facility was met with strong Asian demand for five year securities at interest of 0.875%.

Canadian fertilizer company Agrium Inc defended the election of its entire slate of directors to the 12-man board as hedge fund Jana, Agrium’s biggest single shareholder, called for an investigation of the vote.

Colonie Mall, the second largest mall in Albany NY was recently acquired by a consortium led by KKR.

Vueling, the Spanish budget airline is the subject of takeover discussions by IAG. Spanish budget airline Vueling's board recently recommended to its shareholders to accept an improved takeover bid from International Airline Group.

As an alternative to the Sprint Nextel offer, Aurelius Capital Management has offered US$80 million in financing to Clearwire.

Thermo Fisher, the largest scientific equipment and laboratory instruments manufacturer has sent a binding offer for Life Technologies, the genetics sequence market leader.

Fiat claims ability to buy out other shareholders for Chrysler. The Italian carmaker who manages Chrysler Group LLC, Fiat SpA, said that their resources are already sufficient to be able to purchase the remaining shares from an employee group and there is no need to liquidate new shares to be able to finance the deal.

Southeastern Asset Management calls the evaluation of the Silver Lake-Dell leveraged buyout offer as "flawed".