VENTURE CAPITAL POST

Sources told Bloomberg that Singapore-based Oversea-Chinese Banking Corp was reviewing a bid for Hong Kong-based Wing Hang Bank.

The state pension fund of Massachusetts ranked the first in private equity investments, according to a report from the Private Equity Growth Capital Council.

Grupo Financiero Inbursa was in discussions with Standard Bank Group to buy the latter's Brazilian business, sources told Bloomberg.

Sources said Silicon Valley computer maker Hewlett-Packard was looking for buyers for its mobile computing patents.

Sun Life Everbright Insurance Co, the joint venture firm between Canada-based Sun Life Financial and state-controlled China Everbright Group, would turn a profit by 2015.

Radian Group filed a case against former account manager Rhiannon Bolen for giving confidential data to Arch Capital Group.

E*Trade Financial would be selling G1 Execution Services unit for USD 75 million.

A report from Canadian newspaper Globe and Mail said that John Sculley, a former Apple CEO, was mulling a possible bid for BlackBerry.

ING Groep raised USD 974 million from selling its New York-based US insurance business.

Brazil sold dollar bonds amounting to USD 3.2 billion set to mature in 2025 and established a new benchmark in international markets.

The US Navy sold the USS Forrestal to All Star Metals for one cent.

Reser's Fine Foods issued a recall of 109,000 refrigerated products for Listeria monocytogenes contamination.

Shares of Safeway Inc increased by almost 9% after buyout reports started to circulate.

People with knowledge of the transaction said the Yue Xiu Group was nearing a deal to buy Hong Kong-based Chong Hing Bank.

Private equity firm Ardian acquired stakes in buyout funds amounting to USD 4.3 billion, proving that the secondary market is alive and well.