Mechel Delays $1.25Bln Mining Sale

Mechel Delays $1.25Bln Mining Sale

LONDON, April 26 (Reuters) – Indebted Russian steel group Mechel has backed off from selling up to 25 percent of its mining division because of market conditions, sources with knowledge of the matter said. Mechel Mining stake sale on ice until late 2013 Mechel...
Sinomach seeks to invest more abroad

Sinomach seeks to invest more abroad

China Daily China’s largest external contract engineering service provider in the machinery industry is stepping up its efforts at exploring further business opportunities and high technology, reports Ding Qingfen Xu Niansha submitted a simple but highly focused...

Boutique Vintners Turn to Private Equity for Help

New York Times 25 April 2013 Needing financing for his California vineyard, Ed Sbragia turned to a private equity group that invests in wine-related businesses. When Ed Sbragia started Sbragia Family Vineyards, it was an accomplishment that was nearly a century in the...
Rosneft Venture Set Up

Rosneft Venture Set Up

Moscow Times 25 April 2013 The executive order on the creation of a joint venture between Rosneft and Corporacion Venecolana del Petroleo, a subsidiary of Venezuelan oil company PDVSA, has officially gone into effect following its publication in the government...