HP in talks to buy wifi gear maker Aruba Networks: Bloomberg

Hewlett-Packard Co (HPQ.N:Quote, Profile, Research, Stock Buzz) is in talks to buy wifi network gear maker Aruba Networks Inc (ARUN.O: Quote, Profile, Research, Stock Buzz) and a deal may be announced as soon as next week, Bloomberg reported, citing people with knowledge of the matter.

Sycamore abandons pursuit of apparel retailer Chico’s: WSJ

Private equity firm Sycamore Partners has abandoned its attempt to buy apparel retailer Chico’s FAS Inc (CHS.N: Quote, Profile, Research, Stock Buzz) after failing to secure financing on acceptable terms, the Wall Street Journal reported quoting a person familiar with the matter.

Baring Asia raises $4 bln for 6th Asia fund-Reuters

Hong Kong-based Baring Private Equity Asia said on Tuesday it had raised $3.99 billion for its sixth Asia fund, the second-largest private equity funding ever for investments into the region as sovereign wealth funds and other investors flock to growth opportunities in Asia.

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