Apr 22, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, April 19 (Reuters) – PIK Group, one of Russia’s largest homebuilders, may raise around $300-$350 million via an additional share offering next month depending on market conditions, said two sources familiar with the plans and one source close to a...
Apr 22, 2013 | Central & Eastern Europe, News, Russia
(Reuters) – Russian businessman Alisher Usmanov has knocked Lakshmi Mittal off the top of this year’s Sunday Times Rich List with a jump in his fortune to 13.3 billion pounds ($20.3 billion) after a tough year for the Indian steel magnate. In a list of...
Apr 19, 2013 | Central & Eastern Europe, News, Russia
Holodilnik.ru, Russia’s leading online retailer of household appliances, has offered a minority stake to Media Capital in exchange for a large-scale advertising campaign. This is the first known media-for-equity deal on the Russian Internet market. The transaction’s...
Apr 19, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Millhouse, which is controlled by Roman Abramovich, will close a deal by early May to buy 5.39 percent in Norilsk Nickel from Interros and RusAl in an effort to end a conflict between the two main shareholders of the nickel producer, Vedomosti...
Apr 19, 2013 | Central & Eastern Europe, News, Russia
Around 58 percent of Americans with annual incomes of $25,000 or more are prepared to invest in early-stage startups, according to a U.S. crowdfunding industry study by EarlyIQ, Crowdfund Professional Association, and Crowdfund Capital Advisors. They are prepared to...
Apr 18, 2013 | Central & Eastern Europe, News, Russia
Troika Dialog Investments has sold its 20.5 percent stake in car manufacturer AvtoVAZ to Alliance Rostec Auto, the Dutch-registered joint venture of state corporation Rostec and Renault-Nissan, Rostec’s spokesman said Wednesday.
