VENTURE CAPITAL POST

A most notable reason of Russian oil company Bashneft planned to launch an initial public offering was to avoid the chances of a hostile takeover by a potential investor, said one investment firm analyst.

Proceeds to be received from the planned initial public offering of New Zealand aviation company Airwork would go towards a stock buyback program, repay debts to affiliates and inject working capital into the firm.

Vale SA had sold the last of its 21.6% ownership in Norsk Hydro ASA following the sale of its non-core assets in order to focus on its more profitable business, which is in iron ore.

Yashili closed at HKD4.45 per share, the highest since its IPO in 2010, after investors agreed to buy company shares.

The halt of its Pascua-Lama project as well as gold price decline had forced Barrick Gold to sell of shares to raise much needed funds.

Despite the recent quarterly loss report from Jet Airways, Etihad is still awaiting the completion of the deal.

Despite the protestations of son Brett, Carl Icahn still pushed on with the sale of shares in Netflix.

Shunfeng Photovoltaic International planned to raise USD 144 million in a share sale, a regulatory filing revealed.

A share in CT REIT is worth CAD10 each and 26.35 million trust units were sold.

Investors in CSPC Pharmaceutical Group Inc have offered shares for sale in order to raise funds.

The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.

Mark Cuban's insider trading trial saw emails he sent to then UBS SVP Charles McKinney support earlier testimony made by the Dallas Mavericks owner.

Etsy chief executive Chad Dickerson said in a report that the company did not foresee a need for a divestiture as it had been profitable the past eight years.

Barclays Plc (BARC) said in a statement that it had managed to sell around GBP472 million or USD761 million worth of rights issue stock.

ZCCM Holdings said it would be offering stock for sale to existing stakeholders to help pay off debt and fund new investments.