VENTURE CAPITAL POST

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.

Michaels Stores Inc (MIK.N), North America's largest arts and crafts retailer, reported same-store sales rose 2.9 percent in the second quarter.

Business process and technology services provider Genpact Ltd said U.S. private equity firm Bain Capital Partners will buy a 30 percent stake in the company from General Atlantic and Oak Hill Capital Partners.

A private equity consortium is aiming to scoop-up lab-testing company, Laboratory Corporation of America Holdings in a huge leveraged buyout and take it private.

Bain Capital Ventures today announced the launch of StartUp Academy.

News and developments in Asia private equity from Reuters News for the week ending July 13.

U.S. private equity firm Bain Capital is in advanced talks with the Government of Singapore Investment Corp (GIC) GIC.UL to make a joint bid for a 40 percent stake in IT outsourcing company Genpact (G.N) for $1.5 billion to $2 billion.

Bain Capital LLC has completed fundraising for its second Asia fund, closing at $2.3 billion.

News and developments in Asia private equity from Reuters News for the week ending June 22.

U.S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel.

Advertising distribution company Digital Generation Inc (DG) (DGIT.O) recently rejected a takeover bid from rival Extreme Reach Inc of more than $20 per share

Australian private equity fund Pacific Equity Partners (PEP) has approached potential buyers for its share-registry business Link Group.

Private equity firm Triton said on Monday it had struck a deal to sell Scandinavian installation services provider Bravida to investment group Bain Capital for an undisclosed sum.