Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times The head of Bank Rossiya and President Vladimir Putin’s close associate Yury Kovalchuk could buy a 30 percent stake in Tele2 cellphone operator, Vedomosti reported Monday. Two sources close to VTB said Bank Rossiya had agreed in principle to buy 30...
Jun 26, 2013 | China, East Asia, News, Oceania
HONG KONG, June 18 (Reuters) – China Mengniu Dairy Co Ltd signed a second takeover deal in a month on Tuesday, offering to buy Carlyle-backed Yashili International Holdings Ltd in a deal worth about HK$12.5 billion ($1.6 billion) as part of a plan to expand its...
Jun 26, 2013 | MENA, News
DUBAI, June 19 (Reuters) – A majority stake in Saudi fast food chain Kudu has been put up for sale and private equity firm KKR is among the bidders, four banking and industry sources said on Wednesday. * Majority stake in food chain Kudu for sale – sources...
Jun 26, 2013 | MENA, News
DUBAI, June 17 (Reuters) – Bahrain-based Investcorp has bought a 38 percent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 billion Gulf fund in 2013, an executive at the firm said. * Deal is PE...
Jun 26, 2013 | Central & Eastern Europe, India, News, Russia, South & Central Asia
The Moscow Times India and Russia made progress in forging a Comprehensive Economic Cooperation Agreement between the Asian giant and the Customs Union of Belarus, Kazakhstan and the Russian Federation during the St. Petersburg International Economic Forum. “We...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Two years after being born during the 2011 St. Petersburg International Economic Forum, Russia’s state owned fund for attracting foreign investment has hammered out five key partnership agreements with both private and government run global peers. It has...
