VENTURE CAPITAL POST

Australia's Sundance Resources says that Hanlong would not be able to meet the deadline to show credit approval for its takeover offer.

Great Britain's search and rescue helicopter services will be sold to United States-based Bristow Group for 1.6 billion pounds.

SBM Offshore, along with its partners, has signed a $3.5 billion contract from Brazilian oil firm Petrobras to construct two oil platforms.

Armada Hoffler Properties Inc. is planning to raise $201.3 million from IPO as it hopes to become an REIT.

Shell says China approves a product-sharing contract for the share gas block in Sichuan.

Energy company Total and Norwegian oil services firm Aker Solutions have signed an agreement in which the latter will deliver a subsea production for the Moho Nord Project in Congo Republic.

Fund manager Schroders has signed an agreement to buy Cazenove Capital for 424 million pounds, a deal that would merge the two oldest names in the city of London, England.

SEC chairman Elisse Walter urged during video conference at the annual forum of the Australian Securities and Investment Commission that foreign regulation should be applied for cross-border trades.

Construction firm Arabtec has hired Shohidul Ahad-Choudhury, former executive of Deutsche Bank as the new mergers and acquisitions head.

CMS is selling its bakery supplies business to Rhone Capital to focus on other profitable ingredients.

Apple Inc. has purchased WifiSlam, a developer of mapping applications for smart phones.

A total of 528 million shares in Samsonite International were sold by Royal Bank of Scotland and private equity firm CVC Capital Partners as they exit in the Luxembourg-based company.

The planned merger of Hapag-Lloyd and Hamburg-Sued has been cancelled when the two container shipping companies disagree on some terms.

Sinopec has concluded a deal to purchase oil and gas assets from its parent company.

Standard is considering to buy a bank in Egypt as it sees economic stability in the country.