Mar 6, 2013 | Central & Eastern Europe, News, Russia
Last month Moscow-based fashion retailer Trends Brands announced it had raised $4 million in a Series B round. The amount includes $3 million from French venture fund Ventech and $1 million from Ru-Net and Kite Ventures, two Russian funds operating internationally, a...
Mar 6, 2013 | News, Western Europe
March 5 (Reuters) – Private equity group Permira has cut its fundraising targets by nearly a quarter, amid a tough environment for private equity in the aftermath of the financial crisis, the Financial Times reported on Tuesday. The company has informed...
Mar 6, 2013 | News, North America
(Reuters) March 5 – Private equity firms including Blackstone Group LP and Carlyle Group are exploring a joint offer for Life Technologies Corp, a biomedical laboratory equipment maker with a $10 billion market value, two people familiar with the matter said on...
Mar 6, 2013 | East Asia, News
(Reuters) – The sale of ING Group’s South Korean unit is set to be revived after private equity-backed Tong Yang Life Insurance Co Ltd said it was considering whether to buy the business, which is valued at about $2.1 billion. Tong Yang has market...
Mar 6, 2013 | Central & Eastern Europe, News, Russia
uBank, a mobile payment startup launched in late 2011, announced earlier this week an $8 million capital injection – its first round of funding – from Runa Capital, a Moscow-based venture fund that operates internationally. uBank’s valuation has not been disclosed,...
Mar 6, 2013 | Central & Eastern Europe, News, Russia
March 1 Ria Novosti Shareholders of Siberian Agrarian Holding (SAHO) have agreed to sell 100% of the company’s shares to “Biznis Otsenkiya”, a company controlled by Leonid Mayevskiy. As a result, IFC “Metropol”, which began working with...
