VENTURE CAPITAL POST

The investment arm of Tower Ltd. was purchased by fund manager Fisher Funds for NZ$79 million.

LG Electronics will be using webOs operating system from Hewlett-Packard for its internet-connected TVs.

mFounder has agreed to use MasterCard's MasterPass for its bank customers.

The Malaysian company reported net profit of 1.08 ringgit for the quarter ending on December 31.

Apache partners, a UK-based investment advisory firm, will be setting up a fund with main focus equities and fixed income in key markets.

Greenbriar has been negotiation to buy solar product properties as it focuses on expanding real estate business.

Richter has said that it has formed a new joint venture with its marketing partner to improve direct presence in the Chinese pharmaceutical market.

Royalty Pharma has been making big approaches to acquire the royalty rights for Tysabri from the Irish drug maker.

Barilla, world's largest pasta manufacturer, will be selling its German unit to focus on high-margin food products.

General Motors has agreed to use AT&T wireless service for its 2015 auto models, ending service from Verizon.

Siemens has been aiming to reduce its stake at Nokia Siemens Networks when its 6-year shareholder agreement with Nokia in April

The chairman of Barnes & Noble, Leonard Riggio, it set to offer bid for the bookstore business of the firm.

Areva, a nuclear group in France, has said it Fennovoima might terminate the company from deals on supply for the reactor site in Japan.

CVC is seeking 44% for Mahatari after Aeon terminated its offer for the retailer.

The top market marker in the U.S. is expected to sell its credit-brokerage business unit to Stifel Financial Corp.