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Jordan Buys Into New Medicine

Jordan Buys Into New Medicine

Aug 5, 2013 | Central & Eastern Europe, News, North America, Russia

The Moscow Times Investment group Sputnik and its Russian partners have purchased a 35 percent stake in PalliaTech, an American producer of marijuana-based pain medication. The deal was worth $10 million, making it a relatively small investment for Sputnik, its CEO...
Novatek Purchases Entry Onto Polish LNG Market

Novatek Purchases Entry Onto Polish LNG Market

Aug 4, 2013 | Central & Eastern Europe, News, Russia

The Moscow Times Independent gas producer Novatek has become the second Russian presence on the Polish gas market after buying storage facilities and a retail network for liquefied petroleum gas from Statoil Fuel & Retail Polska. The acquisition will allow...
Australian Oil Company to Sell Russian Assets

Australian Oil Company to Sell Russian Assets

Aug 2, 2013 | Central & Eastern Europe, News, North America, Oceania, Russia

RIA Novosti WASHINGTON — Texas-based oil and gas exploration and production company Range Resources has announced that its Australian merger partner International Petroleum is in talks to sell off its Russian assets, business website Interactive Investor reported...
UMMC to Buy Czech Aircraft Manufacturer

UMMC to Buy Czech Aircraft Manufacturer

Jul 26, 2013 | Central & Eastern Europe, News, Russia

Ural Mining and Metallurgical Company will become the full owner of Czech aircraft manufacturer LET after putting a deal in place to buy Pamco’s 49-percent stake in the company, a news report said Friday.

Morgan Stanley Sells Half of Metropolis Mall

Morgan Stanley Sells Half of Metropolis Mall

Jul 22, 2013 | Central & Eastern Europe, News, North America, Russia

The Moscow Times Morgan Stanley sold a 50 percent stake in Moscow’s Metropolis shopping mall to a joint venture of U.S. real estate firm Hines and a California pensions managing agency in a deal which might be valued at over $600 million, a media report said....
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