Mar 19, 2013 | News, North America, Western Europe
The Times The BBC has vowed never to make another takeover in the vein of Lonely Planet after its commercial arm booked an £80 million loss on the disastrous deal. The Australian publishing brand beloved of backpackers has been sold for £51.5 million to Tennessee...
Mar 19, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Runa Capital, a Moscow-based, $135 million tech fund operating internationally, has led a $2 million investment round in BackupAgent, with existing investor Solid Ventures also participating in the round. The company has yielded a minority stake. A major provider of...
Mar 19, 2013 | MENA, News, Western Europe
LONDON, March 18 (Reuters) – Bahrain-based private equity firm Investcorp’s sale of Armacell is under threat as bids for the German insulation firm are due to come in lower than its 500 million euro ($653.30 million) price tag, bankers said on Monday....
Mar 19, 2013 | News, North America
NEW YORK, March 18 (Reuters) – The National Football League and Providence Equity Partners announced on Monday that they have formed a strategic partnership to focus on investing in sports- and entertainment-related media assets. The NFL and the New York-based...
Mar 18, 2013 | Latin America, News
NEW YORK, March 18 (Reuters) – Grenada’s St. George’s University, which came to prominence in 1983 when U.S. President Ronald Reagan sent in troops to evacuate American students following a military coup, is up for sale, people familiar with the...
Mar 18, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe
Paris (Reuters) – A Russian developer who plans to build what would be Europe’s tallest residential towers in Paris said he had provisionally lined up financing from Russia’s Sberbank towards the 2.3 billion euro ($3 billion) project. The loan amount...
