Rosneft Said to Have Deal for BP’s Russian Venture

Oct 18, 2012 | News

NY Times 17 October 2012 KHANTY-MANSIYSK, Russia — One way or the other, Rosneft, the Russian state oil company, is poised to significantly expand its oil and gas holdings in Russia. And BP, its latest Western partner, could benefit from whatever move Rosneft makes....

With ‘Begun’ now under its belt, Rambler-Afisha consolidates Internet assets

Oct 17, 2012 | News

East-West Digital News 17 October 2012 The Rambler-Afisha group, which owns a 51.1% stake in Begun, a Russian contextual advertising service, is in the process of acquiring the remaining 49.9% in a bid to consolidate its e-commerce and e-marketing related assets....

Startup-Afisha goes global with English-language Russian startup database

Oct 16, 2012 | News

East-West Digital News 16 October 2012 Startup-Afisha, an online resource for Russian startups that has thus far focused on the domestic market, yesterday announced a decisive shift to address a global audience. Slated for launch next month, its startup database...

Out of Focus: China’s First Big LBO Deal is a Headscratcher

Oct 15, 2012 | France, News

China Private Equity 30 August 2012 The first rule of capitalism is the more buyers you attract, the higher the price you get. So, having just one potential buyer is generally a lousy idea when your goal is to make as much money as possible. What then to make of the...

Utility services management startup secures $1.2 million from Runa Capital

Oct 15, 2012 | News

East-West Digital News 5 October 2012 Runa Capital, a Moscow-based fund operating internationally, announced earlier this week that it has invested $1.2 million in Domosite.ru, a Russian startup that develops solutions for utility services management companies. The...

Abu Dhabi’s Aabar sells 1.25 bln euro Daimler stake

Oct 13, 2012 | News

Reuters 11 October 2012 Abu Dhabi’s sovereign wealth fund Aabar sold its remaining 3.07 percent stake in Daimler worth about 1.25 billion euros ($1.6 billion) on Oct. 5, the German carmaker said in a regulatory filing on Thursday. The move, widely expected for...