A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

The company will conduct a reverse merger with its shareholder Nevada Iron to float on the Australian Stock Exchange.

Corporate-backed photo app developer Meitu is set to raise $629m in its initial public offering, down from a $1bn target in August and a $800m goal last month.

Oerlikon has acquired Citim, a spinout of Madgeburg that offers additive manufacturing and rapid prototyping.

Dating app Paktor bought a controlling stake in webcasting platform 17 Media, providing an exit to sports media company Le Sports's venturing arm.

Peru-based online movie ticket platform Cinepapaya was acquired by its US counterpart Fandango for an undisclosed sum, providing an exit for Movile.

The used car marketplace has shut down its California operations and is merging with a stealth company called Fair.com, after SAIC reportedly decided to exit the company.

Creabilis has agreed to an acquisition by Sienna Biopharmaceuticals that could exceed $150m in value and provides an exit to AbbVie.

The hotel booking service, backed by Expedia, has priced its shares at $13 to $15m and will raise up to $492m in its initial public offering.