Mar 14, 2013 | Africa, MENA, News
Summit Partners has invested a reported $26 million (€20million) in Egypt-based e-commerce company Jumia. The investor is understood to be taking a stake in the company through a German-based holding company. The funds are expected to be used to accelerate the...
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...
Mar 14, 2013 | Deals, Events, News
FinancePlus is a global investor community that was founded on the basis of the extensive cross-border M&A transaction experience of its owners and members as private equity fund managers and corporate finance advisors. The FinancePlus universe now has more than...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 12 March 2012 Spartak Moscow’s billionaire owner, Leonid Fedun, plans to float the soccer team’s shares on the stock market to recoup some of the huge sums of money he has plowed into the Russian Premier League side. “My dream is to make...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
IQcard, a Moscow-based startup offering multifunction bank cards, has completed a Series A round of “more than $2.5 million” from Paradigm Investments and TA Venture, as well as from existing investors Fastlane Ventures and Direct Group. Neither the exact...
