Aug 12, 2013 | East Asia, News, Western Europe
The Wall Street Journal 9 Aug. 2013 South Korea’s Samsung Group, through its affiliates, clinched a deal Friday to buy German lighting specialist Novaled AG for 260 million euros ($347 million), in a move highlighting the conglomerate’s ambition to expand...
Aug 12, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Russian Railways has agreed to sell the defunct 19th century Voitovich rail-car repair plant in the east of the city to Moscow Metro, the state railway monopoly announced Monday. The value of the deal has not been disclosed. The Metro will use the...
Aug 11, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times Chinese petrochemical corporation Sinopec has bought 25 percent plus one share of the Krasnoyarsk synthetic rubber plant, where the company will produce nitrile butadiene rubbers in a joint venture with Sibur, the Russian petrochemical company...
Aug 11, 2013 | News, Southeast Asia
Reuters Northstar Group, a private equity firm owned by Indonesian investor Patrick Walujo, has led a management buyout of Singapore’s biggest property broker, ERA Singapore Pte Ltd, its second major deal in Singapore in less than a year and a sign of growing...
Aug 8, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Hals-Development is looking to sell its 20-thousand-square-foot business center Danilovsky Fort for $165 million, Kommersant reported Monday. The price is 1 1/2 times the capitalization of the entire company, which was valued at $110 million on the...
Aug 7, 2013 | News, North America
Crain’s The founders of Sandbox Industries are going back to their roots, with a huge venture fund aimed at agriculture and food technologies. Sandbox, the Chicago-based investment fund and incubator launched a decade ago by Monsanto Co. alums Bob Shapiro, Nick...