VENTURE CAPITAL POST

Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.

CommScope Holding Co had set its price for its initial public offering which could value the company more than USD3.9 billion.

AT&T's new customers would soon be able to purchase Mobile share plans, said a Reuters report.

The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.

US stocks rose last Friday as investors were hopeful for the government to reach an agreement over the weekend to end the partial deadlock of the US government.

Brazilian antitrust regulators had been investigating Google over alleged anticompetitive practices by Microsoft Corp and Brazilian rivals.

Wells Fargo & Co's profits increased however its mortgage banking income had fell, said a Reuters report.

BlackBerry's co-founders had showed interest in acquiring the struggling smartphone manufacturer, said a report by The Economic Times.

Cambridge Innovation Capital (CIC) launched a GBP50 million fund to place investments in help the development of ideas of companies and startups, said a TechCruch report.

Stonegate Mortgage Corp raised USD 114 million in funds in its New York IPO.

Mitsubishi UFJ Trust and Banking Corp announced the completion of its acquisition of Butterfield Fulcrum Group, now known as Mitsubishi UFJ Fund Services.

Victory Park Capital sold its portfolio company Ascent Aviation Services Corp to LongueVue Capital Partners.

Technology giant would be making a USD 103 million investment in Silver Ridge Power's Mount Signal Solar project.

Otsuka Pharmaceutical announced today the completed acquisition of Astex Pharmaceuticals in a deal valued around USD900 million.

WR Grace & Co would be buying the polypropylene licensing and catalyst division of Dow Chemical Co for USD 500 million.