Times Group has taken a stake in web services company Girnar as part of Girnar's acquisition of Times-owned automotive marketplace Zigwheels.

The meal delivery service, in which Rocket Internet holds a majority stake, has filed to go public in Germany, a month after raising money at a $3bn valuation.

Backed by Novo, Johnson & Johnson, Novartis and Pfizer, the immuno-oncology drug developer was previously reported in April 2015 to be seeking a $105m offering.

The e-commerce group has sold its stakes in e-commerce company Netretail and price comparison service Heureka to investment firm Rockaway Capital.

Novo and Lundbeck-backed Acacia Pharma has postponed a $230m initial public offering in London as the healthcare IPO market continues to slow.

Naspers, which invested $50m in the classified listings platform two years ago, upped its stake to almost 68%, as Kinnevik made a 13x return on its investment.

Vacuum cleaner developer Dyson acquires Michigan battery spinout Sakti3 for $90m.

China-based immuno-oncology company BeiGene, which has raised more than $170m in the past year, will advance four of its drug candidates with the proceeds.

Vipshop will pay $34m for a stake in flash sales site Showroomprive, which is seeking $339m in a Paris IPO.