May 23, 2013 | Africa, Central & Eastern Europe, MENA, News, Russia
Moscow Times 22 May 2013 VimpelCom’s talks to sell a controlling stake in its Algerian mobile business Djezzy to Algeria are at a delicate stage but have not failed, a source with knowledge of the discussions said on Wednesday. Algeria wants to nationalize...
May 23, 2013 | Asia, China, East Asia, News, North America
The Wall Street Journal 16 May 2013 Caterpillar Inc. CAT +1.12% said Thursday that it has reduced the cost of its purchase of a Chinese mining equipment firm that prompted the U.S. machinery giant to take a big write-down following alleged accounting...
May 23, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 22 May 2013 LONDON — The country’s second-largest bank VTB expects to close its $3.3 billion offering of new shares by the end of the week, with three sovereign wealth funds investing about $500 million each, chief executive Andrei Kostin said....
May 23, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 22 May 2013 Igor Kim snapped up cast-off assets from foreign banks pulling out of Russia, and now the banker says he wants to expand into Europe. Kim, 47, emerged with his partners as an asset consolidator after the global crash of 2008 forced Western...
May 22, 2013 | MENA, News
Dubai (Reuters) – Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco says in a new study. “Contrary to popular perceptions...
May 22, 2013 | Asia, China, East Asia, News
Pedaily.cn 17 May 2013 According to PE Data of Zero2IPO Research Center, China’s M&A market totally had 65 M&A deals in April 2013 involving a total value of US$2.53B, among which 63 were disclosed with amount. Averagely, each M&A deal involved about...
