Mar 1, 2013 | China, East Asia, News
HONG KONG, March 1 (Reuters) – A consortium led by Carlyle Group and company management has reached a deal to take Chinese economy hotel chain 7 Days Group Holdings Ltd private, after raising its bid by 9 percent to $688 million. PE-backed buyouts of Chinese...
Feb 28, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 1 March 2013 Alisher Usmanov’s iron ore and steel group Metalloinvest and Russian Technologies have offered the Udokan copper deposit to mining giant Norilsk Nickel in exchange for 4 percent of the latter’s stock, Russian Technologies CEO...
Feb 28, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, March 1 (Reuters) – Arkady Rotenberg, a construction tycoon and former judo sparring partner of Russian President Vladimir Putin, has bought a stake in Rostelecom in a move that could trigger a management change at the state-controlled telecoms group....
Feb 28, 2013 | Central & Eastern Europe, News, Russia
Feb 28 (Reuters) – Russia’s richest man, Alisher Usmanov, has commenced a placing of a 7.4 percent stake in Mail.Ru, the Russian internet group said, after the company forecast slower revenue growth this year. London-listed Mail.Ru said in a filing that a...
Feb 28, 2013 | Events, Global, News
BERLIN, Feb 28 (Reuters) – New private equity fund managers Feb 28 (Reuters) – New private equity fund managers will be hard-pushed to raise funds, as even the most experienced and successful buyout firms find investors have become more selective in the...
