Marriott International is expected to open its first Moxy hotel in Milan, Italy by early 2014 as it aims to open more hotels over the next 10 years.
Edward B. Doong
Wells Fargo's chief financial officer Tim Sloan revealed during an investor conference that they may consider sale of mortgage servicing rights without any capital pressure.
Shareholders of Roche have agreed on a company pay plan after Swiss citizens voted on the imposition of a ban on big pays for managers in the country.
Charterhouse, HgCapital and Pamplona are the remaining companies battling to acquire German insulation company Armacell after Goldman Sachs Private Equity and Equiston withdrew from the auction.
Spanish bank Bankinter formed partnership with U.S. investment fund Apollo Global Management to bid for Swiss bank BSI.
Security firm G4S has decided to sell its government business unit in the U.S. as the country struggles from budget cuts.
Owners of HD Supply are expected to sell the industrial distribution company in a proposed IPO as it reports significant improvement since financial crises.
New York-based Latin American Private Equity and Venture Capital Association disclosed that buyout and venture capital firms spent $7.9 billion on acquisition activities in Latin America last year as they benefited from fundraising to gain capital.
Trafigura has shown interest in purchasing zinc from global leading zinc provider Nyrstar
American oil and gas explorer Anardarko Petroleum has collaborated with Venugopal Dhoot, an Indian tycoon, for the auction of a 20% stake in a Mozambique gas stake that is expected to fetch $4.5 billion.
American healthcare firm Allscripts has bought Israel's software provider dbMotion in a deal amounting $235 million.
BP lost a bidding battle again to United States' ExxonMobile as the latter acquires access to Arctic Laptev Sea Fields where Russia's Rosneft has prospect reserves.
Fiat's CEO reveals the company's plan of buying out the remaining shares in Chrysler, in which it has 58.5 percent share, as the company met with banks for acquisition financing.
U.S. silver mining company Hecla Mining Co. is set to buy Aurizon Mines Ltd. as part of its attempt to gain access to a Quebec gold mine.
New Zealand's dominant television company Sky Network said that News Corp., its major shareholder, will be selling its 44% stake to institutional and retail investors.
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