VENTURE CAPITAL POST

People familiar with the matter told Bloomberg that Edgewood Partners was looking for bidders for the insurance firm.

Imperial Capital Group backed STI Technologies with a USD 17 million investment.

Pharmaceutical firm G1 Therapeutics scored USD 12.5 million from MedImmune Ventures and other investors in its Series A funding round.

Texas-based private equity firm Cotton Creek Capital bought Royal Baths Manufacturing for an undisclosed amount.

PPF Group, a Czech investment group, had discussed with Telefonica regarding a possible acquisition deal for the Spanish telecoms' unit in Czech Republic.

The China Securities Regulatory Commission approved the application of China Everbright Bank Co to hold a share sale overseas and raise USD 2 billion.

Biopharmaceutical firm SAGE Therapeutics scored USD 20 million from ARCH Venture Partners and Third Rock Ventures in its Series B funding round.

Vivendi, a French mass media company, said it would acquire USD2.7 billion of its U.S. dollar-denominated debt after it received payment for its stake sale in Activision Blizzard.

Monte dei Paschi foundation had been in discussions with the Italian Treasury regarding a stake sale deal, said sources in a Reuters report.

Advance Auto Parts would acquire General Parts International to form the largest automotive aftermarket parts provider in North America.

AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.

Web company Nginx Inc closed its Series B financing round with USD 10 million in capital commitments.

According to a magazine report, Liberty Global had been planning a complete takeover of Dutch cable company Ziggo.

TPG Capital together with Ivanhoe Cambridge bought Europe-based P3.

Stamos Capital Partbers reacquired its stakes from Merrill Lynch & Co and its two other partners.