Nov 24, 2013 | Central & Eastern Europe, News, Russia
Reuters – Russian investment bank VTB Capital raised $95.2 million from the sale of its stake in software developer Luxoft through a secondary public offering on Friday. The sale of 2.8 million shares, or around 9 percent, was priced at $34 per share, Luxoft...
Nov 24, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times U.S. asset management giant BlackRock pulled more than $100 million from its Russian investments over a seven-day period beginning last week, Prime reported Friday.The amount is about a third of the investment that BlackRock, the world’s largest...
Nov 24, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The Russian Venture Company is determined to direct the venture capital investment market away from its preoccupation with information technology and toward biotechnology, medicine, energy and other priority sectors, according to a five-year...
Nov 24, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MILAN/MOSCOW, Nov 20 (Reuters) – Russia’s Novatek and Gazprom Neft agreed to pay $2.94 billion for Italian oil and gas group Eni’s stake in gas producer SeverEnergia, clashing with Kremlin-controlled Rosneft as domestic gas reform looms. * Italian...
Nov 24, 2013 | News, North America
MOUNTAIN VIEW Market Watch Nov 20 – Intuit Inc. has signed a definitive agreement to acquire privately held Prestwick Services, a subsidiary of Prestwick Holdings a Sudbury, Mass. based leader in payroll based billing and payment solutions for the workers’...
Nov 24, 2013 | News, Southeast Asia
Nov 19 (Reuters) – Asian-inspired jewelry company John Hardy Group is exploring a potential sale, according to people familiar with the matter. Bali-based John Hardy, a portfolio company of British private equity firm 3i Group PLC, has hired Rothschild to...