Abbott backed Arresto Biosciences in one of its first deals since its corporate venturing unit was set up last year and has now sold the portfolio company to Nasdaq-listed drugs company Gilead Sciences.

Online shopping clubs now account for about 20% of online fashion sales in Europe, according to eBay, which is buying Brands4Friends for $200m from strategic investors Holtzbrinck and Tengelmann Group.

Deutsche Telekom's T-Online Venture Fund and venture capital firm European Founders Fund have backed Netviewer prior to its agreed sale to Citrix Systems.

ISoftStone sells 7.3 million American depository shares (ADS) at $13 each, which was the top of its expected range, to raised $88.2m.

Newswire Reuters said Oak Pacific has hired investment banks Credit Suisse and Deutsche Bank for its initial public offering, five years after it had initially been mooted.

Strategic investors were set to help their Indian mobile services portfolio company One97 float to raise money to buy more telecoms equipment but after an initial deferment until mid-December, the initial public offering has been further delayed until next year.

The 10th China Venture Capital (VC) and Private Equity Annual Forum in Shanghai has found more than 850 attendees in a buoyant mood.

Having invested about $200m in a series of deals, Small Bone Innovations (SBI) sells shoulder unit to Fx Solutions.

DangDang made a higher-than-expected $197m through its IPO with existing shareholders selling $56.75m of stock.

Morgan Stanley owns 20.8% of Sagent and will co-lead its flotation.