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 | 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...
Nov 18, 2013 | News, Western Europe
BRUSSELS, Nov 18 (Reuters) – Belgian IBA said on Monday it had completed the sale of its drug discovery arm Cisbio Bioassays business to private equity group Argos Soditic in a deal valuing the business at 25 million euros ($33.7 million). IBA said in a...
Nov 14, 2013 | Central & Eastern Europe, News, Western Europe
WARSAW, Nov 6 (Reuters) – Builder Budimex, the Polish arm of Spain’s Ferrovial, will sell one of its companies to private equity firm Equity Investors for 238.6 million zlotys ($77.37 million), it said in a statement on Wednesday. Budimex is Poland’s...
Nov 13, 2013 | News, Western Europe
TechCrunch MAG Interactive, a Swedish app maker that went on to create Ruzzle, a game that’s been downloaded more than 45 million times in the last 18 months, just picked up $6 million in a round of funding led by Nokia Growth Partners. Another private investor whose...
