VENTURE CAPITAL POST

Coupon website LivingSocial offered a 25% discount on selected deals for its US and Canadian clients following a rare 40-hour outage that crippled its website, apps, and merchant center.

UK-based pet retailer Pets at Home will be put up for an initial public offering by American multinational private equity firm KKR & Co LP. Said listing would be worth GBP1.5 billion.

Foresight Solar Fund bought Wymeswold Solar Plant located in Leicestershire for GBP43.7 million in a deal financed from initial public offering (IPO) proceeds raised in October.

KPMG launched its new USD100 million investment fund, London-based KPMG Capital, which would help identify and develop big data analytics firms all over the world.

Autodesk Inc. revealed its intention to acquire UK-based software giant Delcam for GBP172.5 million.

M/A-COM Technology Solutions Holdings agreed to purchase communications chip maker Mindspeed Technologies Inc. for USD272 million.

The UK clothing retailer has yet released new clothing collection for women causing a drop in sales.

UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.

According to a Bloomberg report, as the UK government sought to boost mortgage lending and building permits became easier to get, home building approvals increased 48% in the country.

Britain announced that it would sell its stake in Lloyds Banking Group priced at least GBP0.50 a share.

Three teenage 'exorcists' claim UK is overcome by Satan's work and spells from Harry Potter.

Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division.

Facebook revealed the number of daily users from the US and UK to attract advertisers in spending more money in the social network.

CDC and Abraaj have jointly invested in Rainbow Hospitals.

For the first time in over six years, activity in the services sector in the UK grew to its fastest pace.