Sep 4, 2013 | India, News, North America, South & Central Asia, Southeast Asia
The Economic Times Sept 4 MUMBAI: Shares of United Spirits gained momentum after Morgan Stanley bought additional stake from open market. Morgan Stanley Asia (Singapore), Morgan Stanley India Capital Private Limited and Morgan Stanley & Co. International plc,...
Sep 4, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News The Russian venture fund Life.SREDA revealed last week a $2 million investment in Moven, a three-year-old New York-based banking startup. Moven’s CEO and founder Brett King hopes that the deal, which took place in July, will help his company...
Sep 4, 2013 | News, North America, Western Europe
Reuters FRANKFURT Sep 3 KKR (KKR.N) and Permira (PERM.UL), the controlling owners of ProsiebenSat.1 (PSMGn.DE), are selling a quarter of their stake in the German free-to-air broadcaster, the two private equity firms said. The accelerated bookbuilding process for an...
Sep 4, 2013 | India, News, South & Central Asia
Times of India MUMBAI: Global private equity fund Warburg Pincus is set to buy a Rs 350-crore minority stake in Indian ethnic wear brand Biba, including purchase of the stake held by Kishore Biyani’s Future Ventures, said people directly familiar with the...
Sep 4, 2013 | China, East Asia, News, North America
Reuters CHICAGO September 3Activist hedge fund Starboard Value LP said it is working with investors interested in paying “substantially” more for Smithfield Foods Inc (SFD.N) than the price China’s Shuanghui International Holdings Ltd had agreed....
Sep 3, 2013 | News, North America
Reuters Aug 30 ITC Nexus Holding Co, which sells products to measure blood clotting in patients undergoing anticoagulation therapy, on Friday said it had acquired Accumetrics and its products used to assess patient responses to clot-prevention therapies. ITC, which is...