VENTURE CAPITAL POST

Potential investors would be having difficulty acquiring a majority ownership stake in beverage company Yeo Hiap Seng Ltd due to the Ng family, who had a controlling interest in Yeo's via Far East Organization.

Oracle Corp made an announcement on its website via a redirect from Bitzer Mobile's site link that it had acquired the startup at an undisclosed amount to expand its business in the bring your own device (BYOD) market.

Terms of Frutarom Industries' definitive agreement to acquire Protein Technologies Ingredients (PTI) included an option to acquire the remaining 25% interest from minority shareholders in the next three years.

According to financial newspaper Calcalist, Apple had bought Israeli chip maker PrimeSense for a USD 345 million. However, PrimeSense said it did not relate to rumors made about its customers and partners.

A report from The Sunday Times said Aberdeen Asset Management was close to reaching a deal to acquire Scottish Widows Investment Partnership from Lloyds Banking Group.

According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.

American tire company Cooper Tires & Rubber Co. seeks to obtain a Supreme Court ruling forcing India's Apollo Tyres to complete the merger. The USD2.3 billion deal would make Apollo the seventh-biggest tire maker in the world.

Ryan Corporation UK acquired a site in Canary Wharf, a business district in London, for GBP 100 million. The property company owned by Tom Ryan aimed to build a residential building that will tower over the highest building on the site.

GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.

Essilor International paid USD21.50 per share for Costa purchase.

E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.

The credit card business unit of Dubai Group was acquired by First Gulf Bank.

Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.

Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.

Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil.