Apr 2, 2013 | Brazil, Latin America, News
SAO PAULO, April 2 (Reuters) – Mergers and acquisitions activity in Brazil this year got off to its worst start since 2005 as buyers, fretting over growing state intervention and a weak economy, held off on some sizeable deals to get better terms. Conclusion of...
Apr 1, 2013 | Central & Eastern Europe, MENA, News, Russia
(Reuters) – Egypt’s stock exchange said on Sunday a subsidiary of Russian billionaire Mikhail Fridman’s Altimo had offered to buy 100 percent of Egypt’s Orascom Telecom. The $3.7 billion offer from a Cyprus-based firm owned by Altimo is at a...
Apr 1, 2013 | News, Southeast Asia
Reuters 31 March 2103 Shares in PT Visi Media Asia Tbk, controlled by the politically connected Bakrie family, jumped as much as 20.4 percent on Monday after the company received takeover proposal from Indonesia-based CT Corp. Indonesia’s fifth-richest man...
Mar 31, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, March 29 (Reuters) – Russia’s top mobile phone operator MTS said on Friday it has acquired a 25.1 percent stake in MTS Bank for 5.1 billion roubles ($164 million) by buying additional shares issued by the bank. The deal was concluded in accordance...
Mar 30, 2013 | France, News, Western Europe
PARIS, March 30 (Reuters) – Private equity firm KKR has entered into exclusive talks to buy a majority of French fashion brands Maje, Sandro and Claudie Pierlot, according to a source familiar with the transaction. The acquisition of the brands, partially owned...
Mar 29, 2013 | France, News, Western Europe
Financial Times 28 March 2013 Nicolas Sarkozy has spent virtually all his professional life in politics but has long made no secret of his desire to make money after leaving office. In the months since he lost power, he and his closest advisers have been casting...