May 6, 2013 | Central & Eastern Europe, News, Russia
May 6 (Reuters) – The owners of Russia’s VSMPO-Avisma, the world’s largest titanium company, will offer to acquire its free float from minority shareholders, business daily Kommersant reported on Monday. The company’s chief executive, Mikhail...
May 6, 2013 | Central & Eastern Europe, News, Russia
May 3 (Reuters) – Shares of Russian payment transfer company QIWI Plc rose as much as 2 percent in their market debut, valuing the company at about $901.1 million. The company priced its enlarged offering of 12.5 million American depository shares (ADS) at $17...
Apr 29, 2013 | Central & Eastern Europe, News, Russia
LONDON, April 26 (Reuters) – Indebted Russian steel group Mechel has backed off from selling up to 25 percent of its mining division because of market conditions, sources with knowledge of the matter said. Mechel Mining stake sale on ice until late 2013 Mechel...
Apr 23, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russia’s Otkritie Financial Corp, which is in the process of buying banking group Nomos, has dropped plans to merge Nomos with its Otkritie Bank and a third party in favour of a looser tie up. Alexey Karakhan, Otkritie Financial...
Apr 23, 2013 | Brazil, Central & Eastern Europe, Latin America, News, Russia, Southeast Asia
Brasilia (Reuters) – OGX Petroleo e Gas SA, the flagship of Brazilian billionaire Eike Batista’s troubled EBX group, is negotiating the sale of a 40 percent stake to Russia’s Lukoil in a rescue plan that also involves Malaysia’s Petronas, a...
