Sucampo has acquired the Lundbeck and Pfizer-backed rare diseases treatment developer for $200m in stock and cash, less than a year after it closed a $42m series A round.

Telus will retain a stake in spinout Fathom Systems as its parent company, mobile positioning systems provider Rx Networks, agrees to be bought by BDStar for $23m.

SoftBank, which holds 33% of Snapdeal, has reportedly rescinded an agreement to provide up to $200m in debt and is said to be negotiating a merger with its rival, Flipkart.

The two dogsitting services providers have joined forces in a bid to accelerate international expansion efforts.

Audi, an existing investor in Silvercar, is set to fully acquire the airport car rental app developer.

Chemical producer Nippon Shokubai will acquire monomer and derivative developer Sirrus, which had raised $35m in equity funding from investors including Mitsui and General Motors.

Novartis is set to exit heart valve replacement maker Symetis after Boston Scientific agreed a cash purchase less than two weeks after the company filed to go public.

Mobile search platform Quixey, which revealed last month it was 'exploring strategic options' has reportedly shut down due to provisions in a loan from equity investor Alibaba.

The online media company has reportedly earmarked 2018 for an initial public offering which would allow NBCUniversal, SoftBank and Hearst to exit.