Mar 28, 2013 | Central & Eastern Europe, News, Russia
In its pursuit of leadership in the Russian online travel market, online hotel booking service Ostrovok.ru has raised $25 million – its fourth fundraising operation in less than two years. General Catalyst Partners has led the round, with participation from Accel...
Mar 28, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MOSCOW/STOCKHOLM, March 28 (Reuters) – Russian billionaire Mikhail Fridman is ready to trump state bank VTB’s deal to buy Tele2’s Russian division and is considering an offer for the whole of the Nordic telecoms group. Fridman’s A1 says sale to...
Mar 28, 2013 | China, East Asia, News, Western Europe
AMSTERDAM, March 28 (Reuters) – Dutch express delivery company TNT Express said it has sold Hoau, its Chinese domestic road business, to private equity funds managed by CITIC Private Equity, but gave no financial details. The Dutch firm was forced to come up...
Mar 28, 2013 | Central & Eastern Europe, News, Russia
The principal owners of S7 Group, Vladislav Filyov and Natalya Filyova, will bid for the 25.5 percent government stake in Siberia Airlines during its upcoming sale, a news report said Wednesday. “They’re interested, but it would be premature to forecast how far we...
Mar 28, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 27 March 2013 Ukrainian port operator Transinvestservice (TIS) wants to bid in the planned sale of Russia’s 20 percent stake in port operator NCSP Group, sources familiar with TIS and the Russian state property fund’s plans said. The sale is...
Mar 27, 2013 | France, News, Western Europe
PARIS, March 26 (Reuters) – The sale of French department store Printemps to Qatari investors could be a done deal by as early as this summer as the timetable for presenting the deal to its staff is now set, people close to the proposed deal said on Tuesday. The...
