Finger Might Sell Mail.ru shares

Moscow Times 21 September 2012 Grigory Finger might sell his stake in Mail.ru Group, Vedomosti reported Thursday, citing a source close to the group. Mail.ru Group’s depositary receipts on the London Stock Exchange plummeted 8.5 percent Wednesday after Finger...

Russian Railways Moves Closer to French Logistics Purchase

Moscow Times 20 September 2012 Russian Railways has entered into exclusive negotiations to buy PSA Peugeot-Citroen’s GEFCO logistics holding, after the French carmaker identified the rail monopoly’s bid as the most attractive, Russian Railways said...

India Plans Stake Sale in NTPC

Wall Street Journal Asia 20 September 2012 NEW DELHI — India plans to sell a 9.5% stake in state-run NTPC Ltd. to raise as much as 131 billion rupees ($2.41 billion) as part of its program to cut the fiscal deficit, even as the utility is opposed to a share sale amid...

Uralkali seeking deals for potash, distribution network

Uralkali OAO, the world’s second-largest producer of potash fertilizer, is looking to buy potash assets as well as a distribution network for its products, its chief executive said in an interview. “We would like to implement M&A in the potash sector,...

Rusnano invests in US portable power technology developer

East-West Digital News 18 September 2012 Lilliputian Systems, a developer of portable power products for consumer electronics, announced last week it has closed on $40 million of a planned $60 million equity financing round led by Rusnano. The Russian nanotechnology...