Feb 27, 2013 | Events, Global, News, Western Europe
BERLIN (Reuters) – Private equity investors hoping for outsized profits are facing an awkward truth – investment returns have shrunk and are unlikely to go back to their peak levels. At private equity’s annual global gathering in Berlin this week,...
Feb 27, 2013 | Central & Eastern Europe, News, Russia
Russian telecom operator TTK has announced the completion of an across-the-board buyout of 18 regional subsidiaries previously owned by Russian Railways, the national rail operator and TTK’s sole shareholder. To accomplish the task, TTK in December sold 1.069 billion...
Feb 26, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, Feb 27 (Reuters) – Russia is pushing ahead with plans to sell stakes in diamond miner Alrosa and port operator Novorossiisk Commercial Sea Port as part of a privatisation drive, the State Property Agency said on Wednesday. Novorossiisk port stake to go...
Feb 26, 2013 | Central & Eastern Europe, News, Russia
Feb 25 (Reuters) – Russia’s Acron , one of Europe’s top 10 mineral fertiliser producers, may sell up to 20 percent of existing or new shares to investors as soon as market conditions allow, its main owner Viatcheslav Kantor said. “We are ready...
