Selerity raises $3m in equity financing

Feb 14, 2013 | News, North America

Finextra 14 February 2013 Selerity, a provider of real-time event data solutions for the financial services industry, today announced that it successfully raised $3 million of equity financing to accelerate the development of Selerity Alerts, its new real-time...

Georgia aims for $2 bln in foreign investments with new fund

Feb 14, 2013 | News

Reuters 11 February 2013 Georgia aims to double foreign direct investments to $2 billion this year, helped by a new sovereign wealth fund it is hiring international banks to promote, the fund’s chief executive said on Monday. The vehicle will succeed the...

Novatek raises 14 bln roubles in four-year Eurobonds

Feb 12, 2013 | News, Russia

Novatek, Russia’s largest independent gas producer, has raised 14 billion roubles ($463 million) in four-year Eurobonds, a banking source told Reuters on Tuesday. The source added that the yield was set at 7.75 percent, the same as the initial guidance....

Water Pik owners looking for exit

Feb 12, 2013 | News

Feb 12 (Reuters) – Water Pik, which makes oral hygiene products and shower heads, is up for sale in a deal that could fetch upwards of $400 million, according to four sources with knowledge of the process. Water Pik’s owner, New York-based private equity...

EBRD Lends to Auto Firm

Feb 11, 2013 | Central & Eastern Europe, News, Russia

Moscow Times The European Bank for Reconstruction and Development loaned 150 million euros to major auto parts manufacturer Gestamp Automocion to upgrade its Russian facilities, the EBRD said Monday. The loan will boost the company’s presence in the key Russian...