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.
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.
Petronas or Petroliam Nasional is being urged by Employees Provident Fund to increase its price to buyout liquefied natural gas shipper MISC.
Sources said that Comark apparel chain is currently on the process to be sold, with an expected amount of up to $400 million based on multiples of other deals in the retail industry.
The consortium, which is under the control of Carlyle Group, and its company management have reached a deal to make Chinese economy hotel chain 7 Days Group Holdings Ltd. private for $688 million.
Lenders in Spanish has been eyeing to acquire nationalized Catalunya Bank, which was bailed out last year amidst the crash of Spanish proper five years ago.
German group Bertelsmann is set to purchase the stake of KKR in the music rights management firm BMG.
In its filing with the U.S. Securities and Exchange Commission, BofA disclosed that the state of New York has been investigating how it acquire and underwrites home loans.
Bertelsmann would completely own BMG when it buys out KKR.
Russia's richest man, Alisher Usmanov, is selling a stake worth 7.4% in the Internet group Mail.Ru.
French water utility Veolia is now considering to buy out some minority investors but will not make acquisitions policy.
Allianz has been in the focus of its own growth in the German market.
Mylan Inc. agreed with Strides Arcolab for the acquisition of Bangalore, India-based injectables unit.
BCBG Max Azria Group Inc. has been consider to be sold as it faces financial struggle.
Cleawire has not accepted yet the bid from Sprint to acquire the company as it considers bid from Dish Network
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