Nov 28, 2013 | Central & Eastern Europe, News, Russia
Reuters – Russian drugstore company Pharmacy Chain 36.6 is to merge with rival chain A.V.E. and issue additional shares, in a step to consolidate a fragmented sector, the company said in a statement on Thursday. Pharmacy Chain 36.6, with a market value of $68...
Nov 28, 2013 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News Trivon AG, the Switzerland-based company which does business through its subsidiaries under the Virgin Connect brand in Russia, announced today that it has acquired 100% of MegaMax, one of the leading B2B broadband and telecom operators in...
Nov 28, 2013 | India, News, South & Central Asia
Reuters – U.S. buyout firm KKR & Co LP (KKR.N) has agreed to invest about $200 million in Indian drugmaker Gland Pharma Ltd, marking the largest private equity investment in the local pharmaceutical sector amid growing demand for generic drugs in overseas...
Nov 28, 2013 | India, News, North America, South & Central Asia
MUMBAI, Nov 28 (Reuters) – Canada Pension Plan Investment Board (CPPIB) will invest $200 million to get an 80 percent stake in a real estate joint venture with India’s Shapoorji Pallonji Group, its first foray into the property market in Asia’s...
Nov 27, 2013 | News, North America, Western Europe
SAN FRANCISCO, Nov 21 (Reuters) – Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world’s most richly capitalized start-ups. The new funding round was led by Technology Crossover Ventures, a...
Nov 25, 2013 | MENA, News, North America
(Reuters) – Apple Inc agreed to buy Israel-based PrimeSense Ltd, a developer of chips that enable three-dimensional machine vision, for about $350 million, Bloomberg reported on Sunday citing a source. PrimeSense’s sensing technology, which gives digital...