Private equity firm CVC ​Capital (CVC.AS), opens new tab is weighing ‌a 9 billion euros ($10.54 billion) deal ​for the ​Italian Payments group ⁠Nexi (NEXII.MI), opens new tab, the Financial ​Times reported ​on Tuesday, citing people familiar with the ​matter.

Volkswagen has received preliminary bids valuing its diesel engine division, Everllence, at around 8 billion euros ($9.44 billion) including debt, according to sources familiar with the discussions. The valuation exceeds some analysts’ estimates and marks one of the largest European corporate carve-outs this year.

Azerbaijan’s State Oil Fund (SOFAZ) has expanded its investment footprint in the Gulf region by joining a major infrastructure deal in the United Arab Emirates.

CVC Capital Partners has agreed to acquire U.S.-based credit manager Marathon Asset Management, marking the latest move in ongoing consolidation across the alternative investment sector.

CVS Health reported third-quarter results that surpassed Wall Street expectations on both earnings and revenue, while also lifting its full-year profit outlook for the third consecutive quarter.

Azerbaijan’s President Ilham Aliyev received Co-founder and Chair of CVC Capital Partners, one of the Europe’s leading global alternative investment managers, Rolly van Rappard on May 29, News.Az reports.