VENTURE CAPITAL POST

Five companies would be vying for the West Bengali government's shares in Haldia Petrochemicals Ltd through a bidding process.

Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.

Under the joint venture agreement, Essar Energy can exercise a USD5 million option to sell its shareholdings in the joint venture project with the Kenyan government.

Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.

LIC lowered exposure in food conglomerate Britannia Industries.

An IPO or share sale by end of 2014 would be preferred mode of exit, according to TUI AG CEO.

Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.

Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.

The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch.

The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.

Mervyn Davies is planning to purchase part of the shareholdings of the UK government in Lloyds Bank.

Hochtief AG increases share investment in Leighton Holdings to 55%.

Norway purchases more shares in Cermaq.

Sweden sells off the remaining shareholdings in Nordea Bank.

Fairfax increases its shareholdings to 42% in Eurobank.