Dec 8, 2013 | Central & Eastern Europe, East Asia, News, Russia
The Moscow Times Businessman Richard Hainsworth has sold out of local rating agency RusRating, shifting his attention to building an international rating business in Hong Kong. The new owner, Alexander Zaitsev, vowed Friday that he would expand the agency and...
Nov 18, 2013 | China, East Asia, France, News, Western Europe
LONDON/SHANGHAI, Nov 15 (Reuters) – French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China’s Dongfeng Motor Group, several sources with knowledge of the situation said. The...
Nov 13, 2013 | East Asia, News, North America
TechCrunch Moneytree, a personal finance iOS app, has received $1.6 million in seed funding led by DG Incubation (Digital Garage’s investment branch), with participation from private investors, including senior executives from PayPal, MasterCard and Morgan Stanley....
Nov 12, 2013 | East Asia, News
Wall Street Journal – U.S. industrial conglomerate Tyco International Ltd. is approaching global private-equity giants to sell its Korean security unit Caps Co. in entirety, people familiar with the matter said Tuesday. Tyco disseminated an information...
Nov 8, 2013 | East Asia, News, North America
AllThingsD Nov 8 LivingSocial has its buyer for Korean subsidiary Ticket Monster: Its biggest competitor, Groupon. Groupon said it will pay at least $100 million in cash and up to $160 million in stock for Ticket Monster, known locally as TMon. AllThingsD had recently...
Nov 7, 2013 | China, East Asia, News, Western Europe
MILAN, Nov 7 (Reuters) – Italian waste management operator Waste Italia is in talks to sell the company to China’s Sound Global, the main shareholder of Waste Italia said on Thursday. “They made an offer in July which we judged inadequate. They have...
