VENTURE CAPITAL POST

US-based crowd-shipping mobile app Friendshippr closed USD670,000 in funding from angel investors in Dubai to connect consumers to Facebook friends who will help transport items for them.

Hong Kong-based private equity firm Gaw Capital Partners acquired Waterside House, a 237,800-square foot commercial property located in London, on behalf of Korean institutional investors.

Liquified petroleum gas transporter and distributor Navigator Holdings Ltd. raised USD228 million in its public float. Owner of the world's largest gas fleet, Navigator sold a total of 12 million shares priced at USD19 apiece.

Three financial sources said Russia-based oil firm Bashneft selected Morgan Stanley, Sberbank, and Barclays as global coordinators for the company's planned secondary listing in London.

Texas-based national developer and investor Hunt Companies Inc announced the successful acquisition of Centerline Holding Company in a deal that increased Hunt's assets in management to USD24.8 billion.

London-based Armajaro Holdings Ltd sold its coffee, cocoa, and sugar trading arm to Swiss agricultural trader Ecom Agroindustrial Corp Ltd after reporting a loss of USD7.5 million.

London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.

John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.

NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.

In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.

The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.

IVG Immobilien sought protection from its creditors in court in Bonn after failing to reach an agreement to refinance its debt.

Vodafone would start providing a 4G mobile services for its customers in London this month.

Manchester Airports Group announced plans for a GBP40 million improvement program for London's Stansted Airport.

Scaleogy gets two new unnamed investors but the agreement's terms were not revealed.