VENTURE CAPITAL POST

Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.

With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.

The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.

A new set of bidding guidelines will be utilized for the newest ultra mega power projects for the next decade.

Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport.

German publisher Axel Springer withdrew from the race to bid for 30% of Deutsche Telekom's Scout24.

Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.

Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner.

The South Korean F-X was extended to July 2 after receiving overwhelming bids from interested investors.

SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.