Sprint-Nextel's board of directors has formed a special committee to evaluate the bid made by Dish Network.

Banca Carige, in a bid to meet its reorganization targets, is selling off two assets to its divestment plan.

A consortium led by CEO Jing Lou and CPEChina Fund Ltd has made a higher bid for 3SBio. 3SBio, a biotechnology company from China that focuses on research, development, manufacture and marketing of biopharmaceutical products, has announced the receipt of a proposal letter from CPEChina Fund LP.

The Australian Competition and Consumer Commission had approved the merger of Virgin Australia and Tiger Australia.

France's Total Oil is in the process of exploring gas in Libya, a sign of the return to normalcy for the Middle East country's oil business.

Asia United Bank is planning to sell 88 million in primary common shares priced at Php 110 per share.

Greek asset sale fund seeks revised bid for Opap SA from Emma Delta. Opap SA values fell after the Greek state asset sales fund sought assistance from Emma Delta, after the latter is the only firm that submitted a valid binding bid for the gambling company.

HSH Nordbank, in a bid to lower financial risk, has loaned to the Navios Group ten ships. The world's largest shipping bank, HSH Nordbank AG has entered into an agreement to sell a fleet of ten unprofitable vessels to Greek freight giant Navios Group.

Onexim is now in discussion as to shareholdings purchase in OAO Rostelecom. Onexim Group, which is owned by Russian billionaire Mikhail Prokhorov, has said it may consider the purchase of a 10.

Canada's Natural Resources Minister reiterated that only 'strategic' and under 'exceptional circumstances' would state backed enterprises be allowed to takeover in Canada.