Jan 31, 2014 | Central & Eastern Europe, News, Russia
MOSCOW, Jan 31 (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, will announce plans for an initial public share offering on Monday, a source close to the deal said on Friday. Financial market sources also said they...
Jan 31, 2014 | France, News, Western Europe
PARIS, Jan 31 (Reuters) – A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth. Luxury...
Jan 30, 2014 | News, North America
SAN FRANCISCO, Jan 30 (Reuters) – One Kings Lane, the online home-furnishings company, has raised $112 million, catapulting it into an elite group of venture-backed companies valued in the billion-dollar range. The funding round puts the company’s worth at...
Jan 30, 2014 | Africa, News
(Reuters) – African phone tower group IHS Plc has won shareholder approval to take the company private and will pay $118 million to buy out equity holders, it said on Thursday. IHS, which owns and manages base stations and towers that transmit mobile phone...
Jan 30, 2014 | Central & Eastern Europe, News
LJUBLJANA, Jan 30 (Reuters) – Slovenia has sold the second public company from a list of 15 state assets slated for privatisation for a reported 18 million euros ($25 million), as part of efforts to revive its economy after narrowly avoiding an EU/IMF bailout...