Blackstone Group LP, the world's largest private equity investor in real estate, said it will buy residential assets in Japan from General Electric Co (GE)'s property unit in a deal worth more than 190 billion yen ($1.6 billion), Japan's largest property deal this year.

DP World, one of the world's largest port operators, has agreed to buy Dubai industrial and logistics infrastructure firm Economic Zones World (EZW) for $2.6 billion, in the latest shuffle of assets among the emirate's state-linked companies.

Spanish bank BBVA is raising its stake in Garanti, one of Turkey's biggest lenders, in a deal worth $2.5 billion that will give it control of the board as it pursues its strategy of overseas expansion.

Turkey's largest food group, Yildiz Holding, expects to complete the financing of its acquisition of British-based cookies and snacks maker United Biscuits in 10 days, its chief executive said on Tuesday.

Bahrain-based alternative investment fund Investcorp and sovereign fund Mumtalakat have acquired U.S. software and services firm PRO Unlimited for around $300 million.

Japanese telecom and media group SoftBank Corp has set its sights on Indian e-commerce in its aggressive expansion drive, saying it will invest about $10 billion in the booming sector.

Japan's Kurita Water Industries Ltd has agreed to buy APW, the water treatment business owned by Israel-based manufacturer ICL Israel Chemical Ltd for 250 million euros ($316.94 million).

Hewlett-Packard Co has sold its 40 percent stake in United Arab Emirates-based Injazat Data Systems for an undisclosed amount to its investment partner, Abu Dhabi state-owned fund Mubadala.

National Australia Bank's wealth management division has acquired a stake of nearly 75 percent in London-based fund Orchard Street Investment Management in a deal worth 4 billion pounds ($6.42 billion), the Australian Financial Review reported on Tuesday.

Cathay Financial Holding Co Ltd is set to acquire a fifth of the Philippines' Rizal Commercial Banking Corp (RCBC) for about $400 million, the latest sign that Taiwanese financial firms are moving more aggressively to expand outside their home market.