VENTURE CAPITAL POST

Investment firm Catalyst Capital Group is the fourth bidder to withdraw from the Canadian government's auction of a 700 MHz wireless spectrum. Canada seeks to break the stronghold of three dominant players in the country's mobile phone business.

California-based pharmaceutical company PaxVax Inc raised USD22 million in a Series B funding round for the late-stage trial of its single-dose oral cholera vaccine for travelers.

Canada-based base metals mining firm Trevali Mining Corp announced the closing of a USD46-million financing through the offering of 55.4 million of its shares priced at USD0.83 apiece.

Mumbai-based realty major Lodha Group has bought a 0.67-acre property near the Buckingham Palace in London for over INR3,120 crore. The property will be converted into super-luxury residential flats.

Canadian gas and oil producer Pacific Rubiales Energy Corp (PREC) announced that it has closed the acquisition of light oil and pipeline firm Petrominerales Ltd.

Global Infrastructure Partners will sell its 27% stake in the Port of Brisbane to Cassie de Depot et Placement du Quebec for AUD1 billion (USD908 million). Cassie is the second-biggest pension fund in Canada.

Australia-based IDP Education, the world's largest provider of international student placement, is considering the sale of its shares through an initial public offering (IPO) in 2014.

Chinese refiner Senopec is in discussions with American oil-and-gas firm Apache Corp regarding the purchase of a minority stake in a liquefied natural-gas (LNG) project in Canada, according to sources familiar with the matter.

Rival Canadian mining companies Goldsource Mines Inc and Eagle Mountain Gold Corp agreed to merge in a deal that would see each firm hold half of the newly combined company.

US-based private equity firm Carlyle Group LP announced its plan to acquire Canada-based investor in hedge funds Diversified Global Asset Management Corp for USD33 million.

The Indian Angel Network, the country's oldest and largest angel investor network, is hunting for investment opportunities in the UK and Singapore. IAN expects to announce its first UK deal during the first half of 2014, while it will begin its Singapore operations in the latter half of next year.

Canada-based milk processor Saputo Inc raised its acquisition offer for Australia-based Warrnambool Cheese & Butter Factory Co to AUD515 million in a three-way bid contest with dairy firms Bega Cheese Ltd and Murray Goulburn Cooperative Co.

Optical retailer New Look Eyewear Inc will be buying Charlottetown-based eyewear company Vogue Optical Inc for USD74 million to become Canada's third-largest integrated optical product seller.

Canadian Vendetta Mining Ltd. announced that it has signed a deal with Pegmont Mines Limited to buy an undivided 100% stake in the Pegmont Lead-Zinc-Silver Property.

Ohio-based tank truck transportation and logistics provider Kenan Advantage Group purchased Canada-based bulk transportation provider RTS-Westcan Group of Cos in an acquisition deal with undisclosed terms.