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Drugstore 33.6 to Merge With Rival, Issue Shares

Drugstore 33.6 to Merge With Rival, Issue Shares

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...
Richard Branson’s Virgin Connect acquires telecom operator in Niznhy Novgorod

Richard Branson’s Virgin Connect acquires telecom operator in Niznhy Novgorod

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...
KKR to invest $200 mln in Indian drugmaker Gland Pharma

KKR to invest $200 mln in Indian drugmaker Gland Pharma

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...
Canadian pension fund to invest $200 mln in JV with India’s Shapoorji

Canadian pension fund to invest $200 mln in JV with India’s Shapoorji

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...
Music service Spotify raises $250 million

Music service Spotify raises $250 million

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...
Apple acquires Israel’s PrimeSense in a $350 million deal

Apple acquires Israel’s PrimeSense in a $350 million deal

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...
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