With 48 million shares issued, worth an assumed $14.85 each, the market capitalization of AVG would be $712.8m.

Mineral makeup company Colorescience has been acquired by skincare company SkinMedica, backed by GlaxoSmithKline's corporate venturing unit.

The Duchossis-backed computer networking firm is looking to raise up to $125m when it floats.

Video management software company KIT Digital has acquired the assets of broadband TV company Sezmi, which suspended its broadcast service in September.

Intel Capital-backed India-based travel company Yatra has reportedly acquired BuzzInTown, an Indian events listings business also backed by the US chipmaker's corporate venturing unit.

Praj will buy 50.2% of Neela for R64 crore from Tata, stock market investor Rakesh Jhunjhunwala and the Norwegian sovereign wealth fund, according to news provider VC Circle.

Yum had previously taken a minority stake in Little Sheep from private equity firm 3i.

PicoChip, a semiconductor technology firm backed by Intel, AT&T and Samsung, has been acquired by semiconductor corporation Mindspeed Technologies for more than $50m.

Corporate-backed biodiesel producer and supplier the Renewable Energy Group sets the range of its IPO, and looks to raise as much as $100m.