Bojan Bogdanovic of Fenerbahce Ulker Istanbul and Marcus Williams (UConn) of Unicaja Malaga have been named co-MVPs of Euroleague Top 16, Week 5.

Bogdanovic scored 26 points to go with four rebounds, two assists and two steals in an 85-82 win over Khimki.

Williams had 28 points in Unicaja's 94-81 win over CSKA.

The Euroleague Top-16 groups have been set with Real Madrid headlining Group E and Maccabi Tel Aviv in Group F.

Group E
Real Madrid
Zalgiris Kaunas
Unicaja Malaga
CSKA
Panathinaikos
Anadolu Efes
ALBA Berlin
Brose Baskets

Group F 
Maccabi Electra Tel Aviv
F.C. Barcelona Regal
BC Khimki Moscow
Olympiacos
Montepaschi Siena
Besiktas
Fenerbahce Ulker
Caja Laboral 

Theo Papaloukas is making progress in contract talks with Fenerbahce Ulker.

A deal could be finalized by the end of this week, according to a source.

Papaloukas spent last season with Maccabi Tel Aviv, capturing both the Premier League and Adriatic League titles.

Fenerbahce is set to announce the signing of David Andersen, an Australian center who most recently played for Montepaschi Siena.

Andersen shot 37.2 percent for Australia at the London Games.

Bo McCalebb has signed a three-year contract with Fenerbahce Ulker.

McCalebb, the reigning scoring champion of the Euroleague, arrives from Montepaschi Siena, where he averaged 16.9 points on 63.7 percent shooting.

McCalebb played college basketball at the University of New Orleans.

The Euroleague Regular Season groups were announced in Barcelona on Friday.

Group A
Panathinaikos
Real Madrid
BC Khimki
Fenerbahce Ulker
Union Olimpija
Qualifying Round Champion

Group B
Maccabi Electra Tel Aviv
Montepaschi Siena
Alba Berlin
Unicaja Malaga
Asseco Prokom Gdynia
Elan Chalon 

Group C
Olympiacos
Caja Laboral Vitoria
Anadolu Efes
Zalgiris Kaunas
Armani Milan
Cedevita Zagreb

Group D
FC Barcelona Regal
CSKA Moscow
Partizan
Lietuvos Rytas
Brose Baskets
Besiktas