Beleaguered lender Kommunalkredit proceeds with run-off after its efforts to find buyers fail. After its failure to find buyers, Kommunalkredit Austria AG is expected to close its books and attempt to sell off parts of its assets.

ZoomerMedia Limited annnounced the amalgamation of its wholly owned subsidiaries. ZoomerMedia Limited announced the completed amalgamation or merger of its subsidiaries, Zoomer Management Limited, the Christian Channel Inc.

Aldrin Resource Corp announced the conclusion of its private placement financing, as well as the acquisition of the Triple M Property.

TOA Technologies gets US $66 million funding from Technology Crossover in a deal dubbed as the fourth biggest funding in software this year.

Claridge Ventures announced that they are set to acquire Indo Global Exchange PTE LTD. Claridge Ventures, Inc. announced that they have entered a stock exchange agreement with the Indo Global Exchange PTE LTD.

Synovus Financial Corp announced the pricing of its 59,870,550 million shares set up for public offering.

UCP stocks opened at less than IPO price in its trading debut. UCP Inc. 's stocks opened at US$14. 75 in its trading debut. This share price was down from the company's IPO share price of US$15.

Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.

Babson Capital backs Silver Oak to acquire cleaning and safety products distributor The Tranzonic Cos.

Diamond Resorts International planned to sell shares at US$14 each in IPO. Diamond Resorts International, Inc. announced the price of the shares to be sold in its initial public offering.