Lagardere prepares Canal+ stake IPO: source

Reuters 24 October 2012 Lagardere is preparing a fresh attempt to list its 20 percent stake in pay-TV operator Canal+ France, a person familiar with the matter said. Lagardere was aiming to list the stake last year but abandoned the operation in March just as...

Ikea Buys Chipboard Plant

Moscow Times Ikea has signed a deal to buy a chipboard plant in Novgorod from Pfleiderer Grajewo, an affiliate of Germany’s Pfeiderer Group, Ikea said in a press release, Interfax reported. Pfeiderer is a supplier for the Swedish retailer. Before the deal is...

Rosneft Deal Yields Individual Riches and Fearsome Bears

Moscow Times 23 October 2012 Rosneft’s acquisition of TNK-BP has reportedly made Viktor Vekselberg Russia’s wealthiest man and gives the state back control of the oil industry that has been largely in private hands since the privatizations of the 1990s. As the dust...