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Russia’s Lenta to announce London share sale on Feb. 3

Russia’s Lenta to announce London share sale on Feb. 3

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...
High-priced M&A still in vogue in slowing luxury industry

High-priced M&A still in vogue in slowing luxury industry

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...
One Kings Lane raises $112 mln; online company’s value nears $1 bln

One Kings Lane raises $112 mln; online company’s value nears $1 bln

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...
Africa’s IHS to delist from Nigeria’s bourse in $118 mln deal

Africa’s IHS to delist from Nigeria’s bourse in $118 mln deal

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...
Slovenia agrees second selloff for reported $25 mln

Slovenia agrees second selloff for reported $25 mln

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...
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