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Russia’s Pharmacy Chain 36.6 sells Veropharm stake

Russia’s Pharmacy Chain 36.6 sells Veropharm stake

Aug 30, 2013 | Central & Eastern Europe, News, Russia

MOSCOW Aug 29 (Reuters) – Indebted Russian drug store chain Pharmacy Chain 36.6 is selling its stake in drug producing unit Veropharm for 5 billion roubles ($151 million) as part of a business restructuring. The company said in a statement it had agreed to sell...
Flash company Pure Storage raises $150 million, on track for IPO

Flash company Pure Storage raises $150 million, on track for IPO

Aug 30, 2013 | News, North America

SAN FRANCISCO, Aug 29 (Reuters) – Enterprise flash storage bigshot Pure Storage has raised a massive $150 million in new funding to help give it the room to grow and continue to evangelize the power of all-flash storage arrays. Pure Storage competes with bigger...
Personal service aggregator Eruditor raises $12 million

Personal service aggregator Eruditor raises $12 million

Aug 30, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Eruditor, a startup that helps users find hairdressers, fitness instructors, plumbers, or doctors via specialized service marketplaces, has just raised $12 million at an undisclosed valuation from Intel Capital, Frontier Ventures, and Runa...
Greylock makes $100 million venture bet on marketplaces

Greylock makes $100 million venture bet on marketplaces

Aug 30, 2013 | News, North America

Reuters Aug 29 – SAN FRANCISCO In a big bet on marketplaces, venture capital firm Greylock Partners is promoting former eBay Motors founder Simon Rothman to partner, and dedicating $100 million to the sector. Marketplaces – companies like auction service...
Romania to start Nuclearelectrica IPO in Sept

Romania to start Nuclearelectrica IPO in Sept

Aug 29, 2013 | Central & Eastern Europe, News

BUCHAREST, Aug 28 (Reuters) – Romania will begin the initial public offering of a 10 percent stake in state-owned nuclear power producer Nuclearelectrica on Sept. 9, a government official was quoted as saying. In June, the leftist government of Prime Minister...
Argentine Technology Firm Plans IPO on NYSE

Argentine Technology Firm Plans IPO on NYSE

Aug 29, 2013 | Latin America, News, North America

New York Times August 28 SÃO PAULO, Brazil – Globant, an Argentine software and information technology services company, has filed to go public on the New York Stock Exchange, in a move to broaden its reach. In a filing late Tuesday night with the Securities and...
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