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Poland’s Alior Bank buys Meritum Bank for $107 million

Poland’s Alior Bank buys Meritum Bank for $107 million

Oct 21, 2014 | Central & Eastern Europe, News

WARSAW, Oct 21 (Reuters) – Poland’s Alior Bank said on Tuesday it had agreed to buy a 98 percent stake in smaller rival Meritum Bank from two private equity funds and the European Bank of Reconstruction and Development (EBRD) for 353 million zlotys ($107...
GrabTaxi Raises $65 million To Increase The Competition With Uber In Southeast Asia

GrabTaxi Raises $65 million To Increase The Competition With Uber In Southeast Asia

Oct 21, 2014 | News, Southeast Asia

You’d be forgiven for thinking that the taxi app war is exclusively a US phenomenon, such is the fierce battle between Uber and Lyft, but similar rivalries are actually ongoing across other parts of the world. The battle is heating up in Southeast Asia today, after...
Australia’s APN Outdoor to raise $289 mln in IPO – source

Australia’s APN Outdoor to raise $289 mln in IPO – source

Oct 21, 2014 | News, Oceania

SYDNEY, Oct 21 (Reuters) – Australian digital billboard firm APN Outdoor will raise A$329 million ($289 million) in an initial public offer, a person with knowledge of the matter told Reuters, at the bottom of the range its private equity owner had hoped to sell...
Cloud solution provider Jelastic wins Russian stage of IBM’s global SmartCamp contest

Cloud solution provider Jelastic wins Russian stage of IBM’s global SmartCamp contest

Oct 21, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Yesterday Jelastic, a California-based startup with Russian origins, saw one of its innovative solutions picked from five Russian finalists in the SmartCamp contest staged by IBM, as reported by the Skolkovo Foundation. Jelastic received a...
CloudCannon Raises $500K To Make Designing Static Websites Simpler

CloudCannon Raises $500K To Make Designing Static Websites Simpler

Oct 20, 2014 | News, North America, Oceania

CloudCannon, a simple CMS for web designers and their clients aimed at offering simple visual editing without the need for an advanced technical skillset, is today launching globally from TechCrunch Disrupt: London’s Startup Alley. The company is also announcing...
Russia’s Norilsk Sells Stakes in African Nickel Mines for $337 Million

Russia’s Norilsk Sells Stakes in African Nickel Mines for $337 Million

Oct 20, 2014 | Africa, Central & Eastern Europe, News, Russia

Moscow Times Gaborone — Russia’s Norilsk Nickel, the world’s top nickel and palladium producer, said it had agreed to sell stakes in two African nickel mines for $337 million to BCL, a Botswana-based copper mining firm looking to expand. Norilsk will...
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