Jun 5, 2013 | News, North America
New York Times 5 June 2013 SAN FRANCISCO — In the increasingly clubby world of Silicon Valley, some might say it was almost inevitable that Bloomberg L.P., the parent of Bloomberg News, would start its own venture capital firm to invest in start-ups, including some...
Jun 5, 2013 | Latin America, News
Bloomberg May 21 2013 Philip Morris International Inc. agreed to acquire the remaining 20 percent stake in its Mexican tobacco business from billionaire Carlos Slim’s Grupo Carso SAB for about $700 million. The deal, which the companies expect to complete by Sept. 30,...
Jun 5, 2013 | Asia, China, East Asia, News
The Wall Street Journal 04 June 2013 Port operator Qingdao Port (Group) Co. has dropped its plan to list in Shanghai and is now looking to raise US$200-US$300 million from an initial public offering in Hong Kong, people familiar with the situation said Tuesday. A deal...
Jun 5, 2013 | Brazil, Latin America, News
Financial Times May 15 2013 Citigroup has sold its Brazilian consumer finance units to local bank Itaú-Unibanco for R$2.77bn, as the US lender looks to withdraw from part of the country’s fiercely competitive retail banking market. Itaú, which ranks as Brazil’s...
Jun 5, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Russian, Belarussian and Kazakh state railway companies plan to sign agreements on a joint venture called United Transportation and Logistics Company with combined assets estimated at 21 billion rubles ($658 million), Salman Babayev, a vice president at...
Jun 5, 2013 | Asia, China, East Asia, News, Oceania
Thedrinksbusiness.com 03 June 2013 The New Zealand Overseas Investment Office (OIO), recently approved the sale of 336ha from Otuwhero Estates, Otuwhero Estate Wines, Otuwhero Estates No 3 and Tui Concepts, to O:TU Investments which is owned by Min Jia and Xiumei Lin....
