Jun 14, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG and Russia’s VTB Capital, has selected banks for a possible initial public offering (IPO) next year, two sources familiar with the situation said. The banks...
Jun 14, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, June 13 (Reuters) – State technology enterprise Rusnano laid out new plans on Thursday to lure $5 billion in investment to Russia’s technology sector over the next six years after opting out of a previously planned stock exchange listing. Rusnano...
Jun 14, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The Russian venture fever hit the Tomsk region in Siberia last week with the announced launch of a regional seed-stage fund. The new fund is expected to focus on the support of technology developments across the region’s innovation production...
Jun 13, 2013 | Asia, China, East Asia, News, North America
The Wall Street Journal 5 June 2013 Beijing-based e-commerce firm LightInThebox Holding has raised US$79 million by pricing its U.S. initial public offering in the middle of its indicative price range, two people familiar with the situation said Thursday, in what...
Jun 13, 2013 | Asia, China, East Asia, News
Reuters 5 June 2013 (Reuters) – China’s Huishang Bank has invited banks to submit proposals for a Hong Kong initial public offering (IPO) which could raise as much as $1.5 billion, IFR reported on Wednesday. Huishang originally planned to raise about 10...
Jun 13, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 11 June 2013 Moscow-based social startup Flocktory announced last week that it has landed a $1.5 million Series A funding round from Digital Ventures, a new Russian venture fund, which has obtained a minority stake in the company. The main...
