Asian sovereign funds get back into M&A, with emerging markets, for the most part, on the receiving end.
Fannie Mae seeks $8.4 billion from taxpayers after loss.
Despite April marking the slowest month for M&A since August 2009, year-to-date deal activity is up 19 percent compared to a year earlier.
The government agency has given Morgan Stanley, its sales agent, authority to sell up to 1.5 billion common shares in the bank.
Energy and power was again the busiest sector for M&A, and has accounted for over 31 percent of the total deal market this year.