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Russian online TV site Tvigle seeks new funding

Russian online TV site Tvigle seeks new funding

Oct 22, 2013 | Central & Eastern Europe, News, Russia

MOSCOW | Oct 22 (Reuters) – Russian internet TV portal Tvigle aims to raise more than $10 million and seek private equity investment so it can grow its business as a legal alternative to pirated content. Russia became Europe’s largest internet market by...
TPG pays Murdoch unit $214 million for Chinese media company stake

TPG pays Murdoch unit $214 million for Chinese media company stake

Oct 21, 2013 | China, East Asia, News, North America

HONG KONG | Oct 19 (Reuters) – U.S. private equity firm TPG Capital TPG.UL will pay HK$1.66 billion ($213.73 million) for 21st Century Fox-controlled Star Entertainment’s remaining stake in a Chinese satellite television operator. The move is the next step...
Russia’s Tinkoff Credit IPO to raise more than $1 bln

Russia’s Tinkoff Credit IPO to raise more than $1 bln

Oct 21, 2013 | Central & Eastern Europe, News, Russia

MOSCOW, Oct 21 (Reuters) – Russian entrepreneur Oleg Tinkov’s consumer credit provider TCS is aiming to raise around $1.1 billion in its London flotation – higher than the $870 million previously expected, a financial market source said on Monday....
Kuwaiti conglomerate buys Red Bull distributor in UAE

Kuwaiti conglomerate buys Red Bull distributor in UAE

Oct 21, 2013 | News, South & Central Asia

DUBAI, Oct 21 (Reuters) – Mezzan Holding Co, a diversified Kuwaiti conglomerate, will acquire the distributor of Red Bull energy drink in the United Arab Emirates, highlighting appetite for consumer-related investments in the Gulf Arab region. Mezzan is buying...
Mobile security software maker Lookout raises $55 mln

Mobile security software maker Lookout raises $55 mln

Oct 20, 2013 | News, North America

BOSTON, Oct 10 (Reuters) – Lookout, one of the world’s biggest providers of mobile security software, said on Thursday that it has raised $55 million in financing. The round was led by Deutsche Telekom AG. Qualcomm Inc’s venture capital arm, Greylock...
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