VENTURE CAPITAL POST

On Friday, investment bank Investec said that Bank of Queensland would acquire its Australian unit in a deal valued USD414 million, reported WSJ.

Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.

The United Bank for Africa has revealed that it would slow down its expansion in Africa that would be favorable to Nigeria's power projects, reported Ventures Africa.

Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.

Seplat Petroleum Development Company has set its price for an IPO at USD1.67 per piece with dual listings on the Nigerian Stock Exchange and the London bourse, reported Ventures Africa.

The merger between Holcim and Lafarge was expected to establish the biggest cement company in the world, reported Ventures Africa.

Kenya's investment firm TransCentury has sold 34 percent of the stake it holds in Rift Valley Railways to Citadel, reported Ventures Africa.

Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.

Africa-focused private equity (PE) fundraisers have secured more than USD2 billion from January to September, according to Private Equity Africa, a publication for fund managers and investors.