Nov 18, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times The New York Stock Exchange, or NYSE, was to host its annual Russia Day on Nov. 18, to gather business executives and investors to discuss opportunities in Russia, a statement from the exchange said, while the American gay community said it would...
Nov 18, 2013 | Central & Eastern Europe, MENA, News, Russia
The Moscow Times Israeli flavorings and specialty ingredients company Frutarom Industries will acquire 75 percent of Russia’s Protein Technologies Ingredients for $50.3 million in cash. The agreement includes an option for Frutarom to purchase the remaining 25...
Nov 18, 2013 | China, East Asia, France, News, Western Europe
LONDON/SHANGHAI, Nov 15 (Reuters) – French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China’s Dongfeng Motor Group, several sources with knowledge of the situation said. The...
Nov 18, 2013 | News, North America
Nov 18 (Reuters) – Fairfax Financial Holdings Ltd has agreed to acquire a majority interest in privately held Keg Restaurants Ltd (KRL), which owns over 100 steak house restaurants in Canada and parts of the United States. The terms of the deal, which is...
Nov 18, 2013 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News Last week, Walkbase, a marketing optimization platform for brick & mortar retailers, announced a €3 million Series A round investment led by SBT Venture Capital, the venture arm of the Russian national savings bank Sberbank. Olli-Pekka...
Nov 18, 2013 | Africa, France, News, Western Europe
NAIROBI, Nov 18 (Reuters) – DEG, a subsidiary of German development bank KfW, has bought an unspecified amount of shares worth $10 million in Chase Bank, one of Kenya’s fastest-growing lenders, the Kenyan bank said. Kenyan banks have caught the eye of...