VENTURE CAPITAL POST

Rolls-Royce had sold its 50% stake in the RTM322 helicopter engine program to its program partner Turbomeca by Safran for EUR239 million or USD386 million.

Indofood Sukses Makmur Tbk PT has been considering a hostile takeover of Singapore-listed China Minzhong Food Corp Ltd after a short-seller attack decreased the Chinese food producer's market value.

According to two sources who were familiar with the decision, Verizon Communications and Vodafone Group would be announcing a finalization of the USD130 billion exit deal, which would be financed in cash, stock and bank financing.

Malaysian palm oil producer Sime Darby said the sale of its healthcare unit boosted fourth quarter profits.

Sources told a Belgian business daily that the government could sell a small portion of its stake in the Belgacom Group.

AT&T would be looking into Vodafone group's remaining assets in the midst of the British mobile carrier's exit from the US wireless business with the buyout from Verizon Communications.

A Reuters report cited Wall Street Journal sources who said that Cumulus Media, a radio broadcasting company set its sight on buying out Dial Global, a content producer, for USD260 million in cash.

A Wall Street Journal report said General Electric Co will divest its US-based consumer lending business of GE Capital to focus on its core industrial operations.

Vodafone Group released a statement saying that there is “no certainty that an agreement will be reached.”

Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.

Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup.

Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.

Mitchell Klipper, head of the retail group at Barnes & Noble, sells 400,996 shares, giving up more than half of his stake in the company.

Fission Uranium considers taking offer to shareholders of Alpha Minerals after company refuses buyout discussions.

Reuters had seen a termsheet showing that HUDCO planned to raise INR12.5 billion through selling of tax-free bonds.