VENTURE CAPITAL POST

A newspaper reported that British bank Lloyds Banking Group received bids for its Australian businesses.

Telstra's mobile market share in Australia rose to 50% as its income beat analysts' projections.

A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.

Huawei planned a workshop in Australia for local ICT firms in an effort to absorb some of the country's ICT assets.

According to research, almost 64% of Australians owned a smartphone.

Microsoft announced that it already launched Bing Ads in Australia and New Zealand.

The New South Wales state government announced that bidders for Macquarie Generation will have until August 19 to file expressions of interest.

United Petroleum announced that they are considering offers for possible acquisition or joint venture deals.

According to an industry expert, the natural gas industry of Australia needs to have a policy revamp to stop possible losses and divestments.

Mark Creasy sold a portion of his early-stage mining assets to Windward.

Woolworths Ltd. reported losses amounting to AUD $139 million stating it was spiked by weak sales and high start up costs.

Coal India considered 3 Australian acquisitions.

The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio.

Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.

Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner.