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Runa Capital leads investment in Dutch cloud backup provider

Mar 19, 2013 | Central & Eastern Europe, News, Russia, Western Europe

Runa Capital, a Moscow-based, $135 million tech fund operating internationally, has led a $2 million investment round in BackupAgent, with existing investor Solid Ventures also participating in the round. The company has yielded a minority stake. A major provider of...
Investcorp struggling to sell Armacell amid lower bids

Investcorp struggling to sell Armacell amid lower bids

Mar 19, 2013 | MENA, News, Western Europe

LONDON, March 18 (Reuters) – Bahrain-based private equity firm Investcorp’s sale of Armacell is under threat as bids for the German insulation firm are due to come in lower than its 500 million euro ($653.30 million) price tag, bankers said on Monday....

Sberbank Set to Back Paris Towers

Mar 18, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe

Paris (Reuters) – A Russian developer who plans to build what would be Europe’s tallest residential towers in Paris said he had provisionally lined up financing from Russia’s Sberbank towards the 2.3 billion euro ($3 billion) project. The loan amount...
Legal & General to buy stake in UK housebuilder Cala

Legal & General to buy stake in UK housebuilder Cala

Mar 18, 2013 | News, Western Europe

LONDON, March 18 (Reuters) – Insurer Legal & General said on Monday it has bought a 46.5 percent stake in Cala Group from Lloyds Banking Group in a deal that values the British housebuilder at 210 million pounds ($318 million). L&G made the acquisition...
Swedish investment firm Ratos to buy SF cinema group

Swedish investment firm Ratos to buy SF cinema group

Mar 17, 2013 | News, Western Europe

STOCKHOLM, March 18 (Reuters) – Private equity firm Ratos and publisher Bonnier said on Monday they had agreed to merge their cinema chains Finnkino and SF Bio to create the largest player in the field in the Nordic region. To merge SF Bio, Finnkino cinema...

Daimler aims to raise Kamaz stake

Mar 14, 2013 | Central & Eastern Europe, News, Russia, Western Europe

FRANKFURT/MOSCOW, March 11 (Reuters) – German truckmaker Daimler said on Monday it aimed to raise its stake in Russian peer Kamaz, after Kamaz’s Russian shareholder said talks had stalled over price. Daimler, which owns 11 percent of Kamaz directly, has a...
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