UPDATE 2-MegaFon board backs plan to buy Euroset stake-source

Reuters 10 September 2012 Mobile phone operator MegaFon , which is preparing a London flotation, on Friday approved a plan to buy a half stake in Russia’s biggest cellphone retailer, a source familiar with the situation said. The deal for 50 percent of Euroset,...

APM Terminals buys 37.5 percent stake in Global Ports

Reuters 10 September 2012 APM Termnials, the ports arm of Denmark’s A.P. Moller-Maersk (MAERSKb.CO) said on Monday that it will buy a 37.5 percent stake in Global Ports (GLPRq.L) from a Russian private transportation group N-Trans, Global Trans said in a...

Infosys to acquire Swiss firm Lodestone

Business Line 10 September 2010 Infosys Ltd has announced the acquisition of Lodestone Holding AG, a management consultancy firm based in Zurich, for an aggregate enterprise value of CHF 330 million in cash (about Rs 1,932 crore). Infosys believes that it would become...

Mail.ua Mail.ru Group acquires Ukrainian webmail service

East-West Digital News 6 September 2012 Earlier this week, Mail.ru Group, a leading Russian Internet group listed on the London Stock Exchange, announced its acquisition of the Ukrainian webmail service ‘Mail.ua.’ Prior to the sale, the webmail service belonged to...

Georgia Tycoon sells ag company Stoilenskaya Niva

Reuters 6 September 2012 Seeking to counter charges that he is Russia’s proxy in Georgia’s elections, billionaire Bidzina Ivanishvili has sold his last Russian business asset, his management firm said on Thursday. The once-reclusive tycoon and his Georgia...