Pegasus Airline, Turkey's low cost air carrier, raises nearly 1.93 billion lira or US$1.07 billion in its IPO.

Telenor Serbia and Societe Generale Srbijia would divvy up assets of KBC Banka. KBC, the banking and insurance group from Belgium, announced that it had agreed to sell its Serbian subsidiary KBC Banka.

Yakult and Danone dissolves its strategic partnership. Yakult Honsha Co Ltd, the Japanese health drink manufacturer will dissolve its tie up with Danone SA of France.

Charter Hall plans to invest money for acquisitions and list publicly REITs. The owner of Sydney's more than century old General Post Office building, Charter Hall Group, is planning to purchase Aus$1.

Clean Line purchases the Power Network for an undisclosed amount. An agreement has been signed between Clean Line Energy Partners LLC with Power Network New Mexico for the acquisition of a proposed 200 mile 345 kilovolt transmission line.

ADM purchases Australia's GrainCrop for US$2.3 billion. The world's largest corn processor, Archer-Daniels-Midland Co finalized an agreement from GrainCorp Ltd for the purchase of the rest of the Australian crop handler's business and assets.

Only two private equity firms are in the running for Onex Corp's Carestream Health Inc as others pulled out citing uncertain outlook for the company's future.

Banco do Brasil SA's BB Seguridade Participacoes SA IPO is estimated to be worth of US$4.2 billion.

ThyssenKrupp, because of declining demand and low priced competition, is selling off assets in the Americas to

Dynamic Yield raises US$2 million in Series A funding. Dynamic Yield announced today that it was able to raise $2 million in its Series A funding round.