Oct 14, 2013 | Central & Eastern Europe, News, Russia, Western Europe
The Moscow Times Italy’s ERG agreed Wednesday to sell its remaining stake in the ISAB oil refinery in Sicily to complete its transformation into a renewable energy company. The company announced that it will sell its 20 percent of the refinery to Russia’s...
Oct 14, 2013 | News, Western Europe
Oct 11 (Reuters) – At least seven potential buyers are in the running to bid for a minority holding in Italian fashion house Versace, which plans to sell a 15-20 percent stake to fund growth, sources close to the talks told Reuters on Friday. Versace’s...
Oct 14, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Oct 14 Billionaire Suleiman Kerimov has sold his stake in Alrosa, a month before the planned IPO of 16 percent of the diamond producer’s shares, a news report said Monday. The businessman may have owned from 1 to 2 percent of Alrosa, several...
Oct 14, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russia’s first public index of the prices of goods sold online was launched in late September by Yandex.Market, a leading Russian online marketplace, the Higher School of Economics (HSE), a major Russian university, and information agency...
Oct 11, 2013 | News, North America
TechCrunch Oct 10 New York-based Hubbl, a maker of app discovery and personalization technologies, has been snapped up by mobile ad platform Airpush for $15 million, the companies are announcing today. The two businesses will combine their respective efforts – Hubbl...
Oct 11, 2013 | News, North America
TechCrunch Oct 11 Amazon has announced plans to snap up online education company TenMarks. The company offers an online math curriculum currently, and Amazon VP of Kindle Dave Limp says that together, “Amazon and TenMarks intend to develop rich educational content and...