Tata Motors executive Karl Slym dies in Thailand in suspected suicide

Karl Slym, managing director of India-based automotive firm Tata Motors Ltd, was found dead after falling from the 22nd floor of the Shangri-La hotel in Thailand in what police suspect as a suicide case.

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Vodafone in talks to purchase Spain’s ONO -Bloomberg

UK-based telecommunications firm Vodafone Group Plc is in talks to purchase Spain-based cable operator Grupo Corporativo ONO SA, according to unnamed sources cited by Bloomberg.

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Bonomi offloads entire stake in Italian bank Pop Milano -source

Private equity investor Andrea Bonomi, the biggest investor in Milan, Italy-based banking firm Banca Popolare di Milano (Pop Milano), has offloaded his entire 8.6% stake in the bank, according to a source familiar with the matter.

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BlackBerry to sell off majority of its real estate holdings in Canada

Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.

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Editor Tony Gallagher leaves UK media Telegraph

Tony Gallagher, the editor of UK-based newspaper Daily Telegraph, stepped down from his position amid a restructuring program as the company prepares to shift its focus to digital publishing.

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Indian IT firm Global Economic Advantage purchases Samtel Engineering

India-based IT and engineering services provider Global Economic Advantage Pvt Ltd purchased Samtel Engineering and Sourcing Solutions Pvt Ltd including its wholly owned German unit for an undisclosed sum.

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Singapore's Nalanda Capital ups stake in Indian firm Lovable Lingerie

Singapore-based private equity firm Nalanda Capital has increased its holding in Mumbai, India-based underwear manufacturer Lovable Lingerie Ltd to 8.79% in a deal valued at $3.25 million.

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Carlyle to sell $290M stake in Hong Kong's Haier Electronics -IFR

Washington, US-based private equity firm Carlyle Group plans to raise $290 million by selling 100 million shares in Hong Kong-based home appliance maker Haier Electronics Group Ltd, according to IFR.

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China-focused Boyu Capital to close $1.5B for second buyout fund -sources

China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.

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Cerberus to exit stake in Japan's Kokusai Kogyo for at least $1.25B -sources

New York, US-based private equity firm Cerberus Capital Management LP decided to exit its entire majority interest in Japan-based property operator Kokusai Kogyo Co in a deal valued between $1.25 billion to $1.34 billion.

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Daimler-backed BAIC Motor plans $2B Hong Kong IPO in 2014 -IFR

Chinese auto manufacturer BAIC Motor plans to raise around $2 billion in an initial public offering (IPO) in Hong Kong in 2014's second quarter, according to sources cited by Thomson Reuters publication IFR.

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Pemex to invest $475M in Mexico fertilizer plant

Mexico-based state oil company Pemex will shell out $475 million to acquire and revamp a Veracruz-based fertilizer production plant in a deal that would allow the firm to supply 75% of Mexico's demand for urea.

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Charter slams Time Warner execs over "failed" operating plan

While pushing for an acquisition deal, Charter Communications slammed the executives of New York, US-based cable operator Time Warner Cable for a "failed" operating plan resulting in low customer satisfaction ranking.

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US apparel retailer Aeropostale approaches private equity firms to explore exit -Bloomberg

New York, US-based clothes retailer Aeropostale Inc contacted private equity groups amid pressure from investors to sell itself, according to sources cited in a Bloomberg report.

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Forbes attracts Germany's Axel Springer and other bidders -report

New York, US-based firm Forbes Media attracted the attention of six different bidders including Germany-based multimedia company Axel Springer.

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