Sep 10, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Last week Palo Alto, California-based startup Jelastic, which offers a cloud-based hosting platform for Java application developers, announced that it has secured an investment from Maxfield Capital, a $100 million Russian venture fund that...
Sep 9, 2013 | India, News, South & Central Asia
Business Standard Everstone Capital has started early stages of discussions for acquiring 25-30 per cent stake in leading designer, Ritu Kumar’s business, according to people in the know. A query sent to Ritu Kumar did not elicit any response, while Everstone’s...
Sep 9, 2013 | East Asia, News
Reuters LONDON/TOKYO |Sep 9 Japan’s Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc’s Lucozade and Ribena brands for 1.35 billion pounds ($2.1 billion) to help it expand into new markets. The deal had been expected since people close to the...
Sep 9, 2013 | News, North America
(Reuters) Sept 9 Cybersecurity company FireEye Inc is set to raise as much as $196 million from its initial public offering of 14 million shares after it said the IPO was expected to be priced at $12-$14 apiece. The company, which is headed by former McAfee chief...
Sep 9, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Billionaire Suleiman Kerimov may sell his stake in Uralkali, the world’s largest potash miner by output, financial media reported on Monday citing sources. An offer has been made to the tycoon, who has been accused of abuse of power by Belarus...
Sep 9, 2013 | News, Western Europe
Reuters Sept 9 3i is investing EUR 77 million (£66 million) and the enterprise value of the transaction is approximately EUR 100 million * 3i: gesellschaft für industrieforschung mbh (GIF) is a transmission testing company.