VENTURE CAPITAL POST

EY director Colin Pickard said Bitcoin has the potential to be a game changer in the financial services industry as long as governments start regulating the digital currency.

Dutch broadband provider Ziggo said it is in talks with billionaire John Malone's cable firm Liberty Global for a possible offer, sources had told Bloomberg.

New York-based Bitcoin fund Bitcoin Investment Trust has raised around $65 million in virtual currency after just two months in operation, according to the fund's founder.

GMR Infrastructure Ltd. has began the process for the $300-$350 million initial public offering it is planing for its airport business. It has reportedly tapped Citigroup, JPMorgan, Axis Capital and Infrastructure Development Finance Company to manage the listing.

Actis, a private equity firm based in the UK, is to sell its 82% stake in India-based Sterling Hospital to Addlife Investments Pvt Ltd, the private equity firm promoted by Girish Patel.

The board of directors at Ford Motor Co is keen to know the immediate career plans of its chief executive officer, Alan Mulally, as speculation about the latter being the next head of Microsoft intensifies.

Bangalore-based big data startup Spire Technogies reportedly secured $8 million in a Series A funding round to help its clients manage talent to expand into Asia and the US.

German frozen food products supplier Hofmann Menu Manufaktur has been sold to Switzerland-based private equity firm Partners Group AG. Financial terms of the deal, however, remains unknown.

Bloomberg Television said has forged a partnership with privately-held firm Encorp Group Sdn Bhd to establish the first business news channel in Malaysia next year.

A group headed by Dallas investor Tom Hicks has bought Dallas-based automotive services chain Just Brakes for an undisclosed sum, with plans to improve and expand the said business.

The earnings of Men's Wearhouse Inc for the fiscal third had beaten analysts' estimates, driven by an increase in sales. The retailer turned the tables on Jos. A. Bank Clothiers with its own buyout offer after rejecting the smaller rival's earlier bid.

Chicago steak and seafood supplier Allen Brothers has been sold to publicly-traded specialty food products distributor Chefs' Warehouse Inc. for $29.9 million. Under the deal, Chefs' Warehouse will be paying $20 million in cash and $9.9 million in debt.

Philippine-based JG Summit Holdings Inc has completed its buyout of San Miguel Corp's 27% stake in power distribution company Manila Electric Co (Meralco) for PHP72 billion.

Independent registered investment adviser Savant Capital Management has reportedly agreed to take over Paragon Advisors for an undisclosed sum. The acquisition will reportedly bolster Savant's assets under management to $3.7 billion.