An announcement made last Thursday of a realignment in priority drug research projects prompted Citi analyst to advise shareholders of a possible interest divestment in diabetes drug joint venture between Bristol-Myers Squibb and AstraZeneca.

Merlin Entertainments's successful initial public offering had put the company's valuation at GBP3.5 billion or USD5.6 billion.

British technology company Captive Media managed to raise GBP250,000 through crowdfunding to launch the world's first urinal game.

Lime&Tonic raises EUR1.0 million in angel investments for its funding round. Digital concierge service provider Lime&Tonic announced the closure of its Angel round of funding.

An Ernst & Young Global Limited report revealed that private equity has finally made a comeback in real estate markets after a five-year hiatus.

A working capital facility was made available by Black Pearl Capital Fund for Ennovar's production.

A Permira Funds portfolio company had purchased BestInvest for an undisclosed amount. UK wealth management and online investment service firm BestInvest announced it had agreed to be acquired by a portfolio company of Permira funds.

Autodesk Inc. revealed its intention to acquire UK-based software giant Delcam for GBP172.5 million.

According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.

Heavily indebted UK bread manufacturer Premier Foods announced that it is looking for investors for its Hovis brand.