Apr 22, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russia’s government commission on foreign investment has turned down U.S. group Abbott Laboratories’ request to buy Russian vaccine maker Petrovax, the head of Russia’s competition regulator said on Friday. “The...
Apr 22, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, April 19 (Reuters) – PIK Group, one of Russia’s largest homebuilders, may raise around $300-$350 million via an additional share offering next month depending on market conditions, said two sources familiar with the plans and one source close to a...
Apr 22, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russian payment transfer company QIWI said on Friday its shareholders would raise as much as $216 million from a Nasdaq flotation that will value the company at up to $936 million. It will be the second initial public offering of a Russian...
Apr 22, 2013 | Central & Eastern Europe, News, Russia
(Reuters) – Russian businessman Alisher Usmanov has knocked Lakshmi Mittal off the top of this year’s Sunday Times Rich List with a jump in his fortune to 13.3 billion pounds ($20.3 billion) after a tough year for the Indian steel magnate. In a list of...
Apr 19, 2013 | Central & Eastern Europe, News, Russia
Holodilnik.ru, Russia’s leading online retailer of household appliances, has offered a minority stake to Media Capital in exchange for a large-scale advertising campaign. This is the first known media-for-equity deal on the Russian Internet market. The transaction’s...
Apr 19, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Millhouse, which is controlled by Roman Abramovich, will close a deal by early May to buy 5.39 percent in Norilsk Nickel from Interros and RusAl in an effort to end a conflict between the two main shareholders of the nickel producer, Vedomosti...