Sep 6, 2013 | News, Western Europe
Reuters LONDON, Sept 5 David Lloyd Leisure (DLL), one of Britain’s biggest health club chains, has agreed a takeover deal with private equity group TDR Capital worth more than 700 million pounds ($1.09 billion). * Price tag more than 700 million pounds –...
Sep 6, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News In late August, the Moscow Innovation Development Center (IDC), an agency established last year by the Moscow government to foster high tech sectors in the capital, launched its first incubator. Located in Digital October, a major tech event...
Sep 6, 2013 | China, East Asia, News
Reuters HONG KONG, Sept 5 – Focus Media Holding Ltd, a Chinese display advertising company backed by Carlyle Group and other private equity firms, plans to return to the loan market with a recapitalisation plan of up to $500 million, according to sources...
Sep 6, 2013 | News, North America
Reuters Sept 4 – Hotelier André Balazs has sold a majority interest in his Standard hotel brand and said the brand’s High Line property in New York was looking for new investors. Balazs will be the chairman and hold a significant stake in Standard...
Sep 6, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Moscow Times Leading British and Russian companies see big opportunities in each other’s countries but are not investing because of a barrage of negative media reports about Russia, according to a new survey. The survey of about 100 business leaders found that...
Sep 6, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The government’s two sovereign wealth funds swelled by 58 billion rubles ($1.73 billion) last month to reach a combined $172.15 billion despite slumping economic growth and depreciating ruble, the Finance Ministry said Tuesday. The aggregate...
