Russian gamedev startup Playtox secures $3 million from Runa Capital

Jun 13, 2013 | Central & Eastern Europe, News

East-West Digital News 11 June 2013 Last week Runa Capital, a Moscow-based, $135 million tech fund that operates internationally, closed a $3 million funding deal with Playtox, a software developer and publisher that specializes in free-to-play mobile browser games....

GP Investments Buys Stake in Switzerland’s Apen

Jun 13, 2013 | News

Bloomberg 21 May 2013 GP Investments Ltd., Latin America’s largest private-equity fund, agreed to pay $33 million for a 26.7 percent stake in Apen AG as it seeks to expand in emerging markets. The deal makes GP the biggest shareholder in Zug, Switzerland-based Apen...

Blackstone-Backed Fund Health Bet Defies Slump: Corporate Brazil

Jun 13, 2013 | News

Bloomberg BusinessWeek May 10 2013 Patria Investimentos SA, the private-equity fund partially owned by Blackstone Group LP (BX), and Kinea Investimentos Ltda are buying medical-diagnostic providers, betting a slowdown at insurers that pay for tests is temporary. Kinea...

SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund

Jun 13, 2013 | Central & Eastern Europe, News

East-West Digital News 13 June 2013 Russian tech fund Softline Venture Partners and the Moscow Seed Fund announced last week that they have closed a funding deal with ITMan, a startup providing SMB companies with SaaS (software as a service) solutions to control IT...

LCapital Asia of LVMH invested in Marubi

Jun 12, 2013 | France, News

Nbd.com.cn 07 June 2013 According to sources, L Capital Asia, a private equity fund sponsored by France’s luxury brand giant LVMH Group, has agreed to an investment in Marubi Marubi, a Chinese domestic cosmetics brand, however the stake and the amount of the...

Remy International to Acquire 100% of its Remy Hubei Electric Joint Venture

Jun 12, 2013 | News

PRNewswire.com 10 June 2013 Remy International, Inc. announced that it has signed a definitive share purchase agreement with its Chinese joint venture partner, Hubei Super Electric Auto Motor Co., to acquire the remaining 49% of the Remy Hubei Electric Co. Ltd. joint...