Sona Petroleum's IPO shares were oversubscribed by 5.97 times. Shares in Sona Petroleum Bhd's initial public offering were oversubscribed by 5.

AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.

Investor AB, one of the majority shareholders of Lindorff, said it was open to divesting ideas for Lindorff.

Sino Australia sought to extend its IPO. Oil company Sino Australia Oil and Gas, the holding company in Australia of Zhaodong Huaying Drilling (Huaying), sought to extend its initial public offering (IPO).

The National Bank of Greece announced plans to sell stakes in Finansbank. The National Bank of Greece (NBG), the country's biggest lender, announced plans to sell of parts of its controlling stake in Finansbank.

Media sources had stated that Bain Capital was going to purchase stakes in PRUK for GBP200 million. Bain Capital is to take control of Plasma Resources UK, the major blood plasma supplier to the National Health Service.

Simply Business gets management overhaul after AnaCap Financial Partners took over its reins. AnaCap Financial Partners announced the management takeover of Simply Business, one of the pioneer brokers in commercial insurance in the UK.

Alibaba's plans to go public makes IPO the biggest since FB. Alibaba planned of going public by offering an initial public offering. The IPO could be the biggest since Facebook.

EMI broke buyout records. The EMI Group Pension Fund secured a buyout with Pension Corporation last week. The buyout was worth GBP1. 5 billion, which is considered to be the largest deal to date.

Travellers International stated that it would go ahead and spend US$600 million on expansion depite IPO delay.