Finnish modern design house Artek sold its business to Swiss design firm Vitra. Alvar Aalto-founded Finnish modern design house was sold to Swiss firm Vitra.

IberiaBank Corporation finalized the agreement that assumed the assets of Trust One Bank. The holdings company of the more than century old IberiaBank, IberiaBank Corporation, recently announced the finalization of an agreement where the bank would acquire assets and liabilities from Trust One Bank, a division of Synovus Bank.

Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.

The sale of SAME Deutz-Fahr's stake in Deutz AG caused the latter's stock to drop. The sale of SAME (Società Accomandita Motori Endotermici) Deutz-Fahr's stake in Deutz AG caused the latter's value to plunge.

Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.

American Tower said it would invest USD4.8 billion for the acquisition of MIP Tower Holdings LLC, parent of Global Tower Partners.

A memorandum of understanding was signed for the financing of SsaangYong Motor in Korea. A memorandum of understanding was signed between Mahindra Finance and Woori financials.

The initial closing of Quadria Capital's second fund raised USD 107 million in capital commitments.

Marche businessman Francesco Merloni said investors were willing to put capital in Banca Marche. A businessman told Reuters that locals were willing to help Banca Marche.

Pharmaceutical platform startup ZappRX received USD1 million in a recent seed funding. Pharmaceutical software startup ZappRX received USD1 million in its recent seed funding.