VENTURE CAPITAL POST

Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.

London-based team scheduling startup Resource Guru has raised $870,000 in a seed funding round led by Index Ventures to expand its workforce, product, and client base.

Kerala, India-based healthcare service provider Aster DM Healthcare is in talks with investment banks for a $200-million initial public offering (IPO) in London or Mumbai within a year.

Sports Direct, the biggest sporting goods seller in the UK, picked up a 4.6% stake in London-based multinational retail chain Debenhams for an undisclosed sum.

Colorado, US-based cloud provider Peak (formerly PeakColo) raised $4 million in a new funding round from existing investors Sweetwater Capital and Meritage Funds, according to company press release.

China's state-owned Greenland Holding Group will invest £1.2 billion ($2 billion) on two property projects located in Wandsworth and Canary Wharf in London. The real estate developer is also looking to enter Canada, France and Singapore this year.

London, UK-based private equity group Arle Capital Partners is planning either an exit or a listing of its British oil services company Expro this year, according to a report citing inside sources.

Singapore sovereign wealth fund GIC has signed a deal to invest in London’s Broadgate development through a joint venture partnership with UK-based real estate developer British Land.

Social media accounts and internet downloads should be considered part of a person's estate and be included in wills to be handed down as inheritance.

SAC Capital Advisors UK's Massimo Amati, Stanislas de Caumont and Robert Harris have agreed to join rival hedge fund Balyasny Asset Management. Other portfolio managers and analysts are departing SAC after the firm decided to shut down its London office.

London-based global advertising firm DraftFCB has acquired independent creative agency Inferno in a takeover transaction that could give the agency a market valuation of £20 million.

Washington-based international law and lobby powerhouse Patton Boggs LLP has ended merger discussions with Texas-based law company Locke Lord LLP, according to a joint statement on December 19.

New York-based innovative learning company EdTech has landed $51 million in a funding round led by London venture firm Atomico to take personalized learning on a global scale.

Hutchison Whampoa, a conglomerate controlled by Hong Kong tycoon Li Ka-shing has picked Bank of America Merrill Lynch, Goldman Sachs and HSBC to manage the proposed listing of A.S. Watson in Hong Kong and London.

Glasgow, Scotland-based growth equity and venture capital firm Scottish Equity Partners (SEP) said it will boost its total portfolio investment from £40 million last year to £60 million this year.