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Ningbo Venture Capital Guiding Fund invests in ThinkHome and Hoshine Soft

Ningbo Venture Capital Guiding Fund invests in ThinkHome and Hoshine Soft

Jun 5, 2013 | Asia, China, East Asia, News

Zjol.com.cn 31 May 2013 These are the first investments made by Ningbo Venture Capital Guilding Fund Management Co. Ltd, a not-for-profit venture capital established by Ningbo municipal government, with RMB100M (around $16.32M) funds. ThinkHome is established in 2008....
Santander Sells 50% Stake in Asset-Management Arm to Investment Firms

Santander Sells 50% Stake in Asset-Management Arm to Investment Firms

Jun 4, 2013 | Latin America, News, Western Europe

DealBook June 1 2013 Banco Santander said on Thursday that it had sold a 50 percent stake in its asset-management arm to two investment firms, Warburg Pincus and General Atlantic, as the bank continues to raise money to bolster its balance sheet. At the same time, the...
Rail Garant, Rusagrotrans Strike Merger Deal

Rail Garant, Rusagrotrans Strike Merger Deal

Jun 4, 2013 | Central & Eastern Europe, News, Russia

Moscow Times 30 May 2013 Rail Garant and Rusagrotrans have agreed on the basic terms of a merger agreement that will create Russia’s third largest freight rail operator, Kommersant reported, citing three market sources. The deal is expected to be finalized this...
Temasek Increases Stake in ICBC as Goldman Ends Holding

Temasek Increases Stake in ICBC as Goldman Ends Holding

Jun 4, 2013 | Asia, China, East Asia, News

Bloomberg 22 May 2013 Temasek Holdings, Singapore’s state-owned investment company, boosted its stake in Industrial & Commercial Bank of China Ltd. for the third time in a year as Goldman Sachs Group exited its seven-year-old investment. Temasek bought 280 million...
Filyov Family Purchases State Stake in S7 Airlines

Filyov Family Purchases State Stake in S7 Airlines

Jun 4, 2013 | Central & Eastern Europe, News, Russia

S7 Group, controlled by Natalya Filyova and her husband Vladislav Filyov, has bought 25.5 percent in S7 Airlines from the government at an auction, Alfa Bank, the organizer of the auction, said Thursday, Interfax reported. S7 Group bid 1.13 billion rubles ($36.5...
Ctrip Invests up to RMB40M (around $6.5M) in 133.cn

Ctrip Invests up to RMB40M (around $6.5M) in 133.cn

Jun 4, 2013 | Asia, China, East Asia, News

Pedaily.cn 30 May 2013 Ctrip Vice President Jiang Hao confirmed to reporters on May 29 that the Company had been officially allied with 133.cn; the latter will split Ctrip’s affiliated Express Hotel Butler, an application product for searching and reserving economy...
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