Nov 6, 2013 | Central & Eastern Europe, News, Russia, Western Europe
The Moscow Times STOCKHOLM — Russia’s Bazhayev family is bidding for the remaining shares in Stockholm-listed Alliance Oil in a deal that values the group at about $3.7 billion. The Bazhayevs’ Alliance Group is offering 60 Swedish crowns ($9) per ordinary...
Oct 30, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times National shoe retailer Obuv Rossii, or Russian Footwear, plans to carry out an initial public offering on the Moscow Exchange by the end of the year, the company’s chief and largest shareholder Anton Titov said Wednesday. The Novosibirsk-based...
Oct 30, 2013 | France, News, Western Europe
NEW YORK/PARIS, Oct 30 (Reuters) – Shares in French online advertising firm Criteo rose more than 30 percent in its stock market debut on Nasdaq on Wednesday, showing investor appetite for technology start-ups and delivering a payday to its venture capital...
Oct 14, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Oct 14 Billionaire Suleiman Kerimov has sold his stake in Alrosa, a month before the planned IPO of 16 percent of the diamond producer’s shares, a news report said Monday. The businessman may have owned from 1 to 2 percent of Alrosa, several...
Oct 10, 2013 | Central & Eastern Europe, East Asia, News, Russia
The Moscow Times State corporation Rusnano will sell part of its stake in Russky Quartz to the project’s new strategic investor, Japan’s Sumitomo Corporation, a news report said Friday. The share constitutes 16.13 percent of the mineral processing...