Sistema to Strike $3Bln Deal

Sep 17, 2012 | News

Moscow Times 17 September 2012 AFK Sistema will acquire a controlling stake in Indian mobile operator Aircel Communications for around $3 billion, the Economic Times reported, citing two persons familiar with the deal. Currently, Malaysia’s Maxis Communications...

Temasek Holdings eyes Actis’ stake in Nilgiris Dairy Farm

Sep 15, 2012 | India, News

Business Standard 6 September 2012 Sovereign fund Temasek Holdings is in talks with Actis to acquire the latter’s stake in Bangalore-based retail chain Nilgiris Dairy Farm. Sources in the know, however, say a dispute between Actis and the promoters of Nilgiris is...

Megafon acquires mobile content and service publisher VAS Media

Sep 13, 2012 | News

MegaFon has acquired 100% of the shares in Felebior Holdings Ltd, the parent company of the VAS Media Group, which supplies multi-media content, ring tones, geo-positioning services, mobile payments and other VAS services. Consolidated EBITDA of the VAS Media Group...

Russia’s NefteTransService mulls $500 mln London IPO-sources

Sep 13, 2012 | News

Reuters 12 September 2012 Russian railway operator NefteTransService is preparing to float its shares in London in the first half of 2013, industry and financial market sources said, with a view to raising between $300 million and $500 million, one of the sources...

Prokhorov Negotiating to Sell Stake in Polyus Gold

Sep 13, 2012 | News

Moscow Times 13 September 2012 Mikhail Prokhorov’s Onexim Group is in talks with two potential buyers to sell its nearly $4 billion stake in the country’s largest gold miner, Polyus Gold. The company’s announcement Wednesday signals that the...

The Hulu Of Russia, Ivi.ru, Raises $40M

Sep 11, 2012 | News

TechCrunch 11 September 2012 Ivi.ru, the “Hulu of Russia” that offers streamed premium TV and films from international and local big-name content holders, has raised another $40 million round of funding. The investment was led by Baring Vostok, a private equity firm,...