Feb 20, 2013 | News, North America
FRANKFURT, Feb 20 (Reuters) Germany-based Bertelsmann is in advanced talks to buy out private equity firm KKR’s majority stake in joint venture music rights management company BMG, the New York Post said, citing unnamed sources. Read...
Feb 20, 2013 | France, News, Western Europe
PARIS, Feb 20 (Reuters) – Italian businessman Maurizio Borletti has joined up with Qatari investors to bid for control of Printemps, the upmarket French department store and tourist hotspot. Exclusive talks centre on the 70 percent stake in Printemps owned by...
Feb 20, 2013 | Africa, News
African Venture Capital Association (AVCA) 11 February 2013 VPB Namibia (Pty) Limited (“VPB”), the Fund Manager to the VPB Namibia Growth Fund, recently concluded an equity investment into Ongwediva Medipark (Pty) Limited (“OMP”), a private healthcare provider. OMP is...
Feb 19, 2013 | Central & Eastern Europe, News, Russia
Parus Invest, a Russian e-commerce holding company focusing mainly on pharmacy products, has announced a plan to attract up to $20 million in investments, yielding up to 20% of its shares. Discussions are being held with unnamed funds, the holding’s Chairman of the...
Feb 19, 2013 | News, Russia
Pascal Clément, the Moscow-based French entrepreneur who co-founded Fastlane Ventures, has broadened his investment focus to include a range of new countries through a new investment vehicle, christened Simile Venture Partners. Since it launched in June of last year,...
Feb 19, 2013 | Central & Eastern Europe, News, Russia
International investor Black Ocean has put $500,000 into the Russian educational e-commerce site BimBasket, Rusbase.com reported last week. Scheduled for launch next month, the site will enable parents to subscribe to a recurring product offer – from toys to books to...
