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TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

Jun 25, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe

East-West Digital News June 25, 2014 Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $250,000 investment in Palo-Alto headquartered Weaved in exchange for a 2.69% stake in the company’s...
LUKoil Buys Into Cameroonian Offshore Project

LUKoil Buys Into Cameroonian Offshore Project

Jun 24, 2014 | Africa, Central & Eastern Europe, News, Russia

Moscow Times June 24, 2014 Russia’s No. 2 oil producer LUKoil has bought a 37.5 percent share in the Etinde project off the coast of Cameroon from Edinburgh-based oil and gas explorer Bowleven, both companies said Tuesday in online statements. At the same time,...
EBRD says plans to invest in Polish private fund’s IPO

EBRD says plans to invest in Polish private fund’s IPO

Jun 24, 2014 | Central & Eastern Europe, News

WARSAW, June 24 (Reuters) – The European Bank for Reconstruction and Development (EBRD) plans to invest up to 50 million zlotys ($16.3 million) to buy around 5 percent in Polish private fund TFI…

U.S. Pharma Firm Abbott to Buy Drugmaker Veropharm for up to $495 Million

U.S. Pharma Firm Abbott to Buy Drugmaker Veropharm for up to $495 Million

Jun 24, 2014 | Central & Eastern Europe, News, North America, Russia

Moscow Times June 24, 2014 U.S. healthcare firm Abbott Laboratories is to buy Russian drugmaker Veropharm for up to $495 million, giving it a manufacturing presence in a country where it has been operating for nearly 40 years, Abbott said Tuesday. The deal bucks a...
Etsy Buys French Startup A Little Market In Its Largest Acquisition So Far

Etsy Buys French Startup A Little Market In Its Largest Acquisition So Far

Jun 24, 2014 | France, News, North America, Western Europe

Etsy announced today that it has acquired a French company called A Little Market, a Paris-based online marketplace for handmade items. Though terms of the deal were undisclosed, Etsy says that this is its “sixth and largest acquisition to date.” A Little Market will...
Russian Direct Investment Fund Launches Web Portal for Foreign Investors

Russian Direct Investment Fund Launches Web Portal for Foreign Investors

Jun 23, 2014 | Central & Eastern Europe, News, Russia

Moscow Times June 23, 2014 The Russian Direct Investment Fund, or RDIF, on Monday launched an online information portal aimed at attracting foreign investors to Russia. The Invest in Russia “portal gives clear examples of the successes enjoyed by international...
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