Megafon acquires mobile content and service publisher VAS Media

MegaFon has acquired 100% of the shares in Felebior Holdings Ltd, the parent company of the VAS Media Group, which supplies multi-media content, ring tones, geo-positioning services, mobile payments and other VAS services. Consolidated EBITDA of the VAS Media Group...

Russia’s NefteTransService mulls $500 mln London IPO-sources

Reuters 12 September 2012 Russian railway operator NefteTransService is preparing to float its shares in London in the first half of 2013, industry and financial market sources said, with a view to raising between $300 million and $500 million, one of the sources...

Prokhorov Negotiating to Sell Stake in Polyus Gold

Moscow Times 13 September 2012 Mikhail Prokhorov’s Onexim Group is in talks with two potential buyers to sell its nearly $4 billion stake in the country’s largest gold miner, Polyus Gold. The company’s announcement Wednesday signals that the...

The Hulu Of Russia, Ivi.ru, Raises $40M

TechCrunch 11 September 2012 Ivi.ru, the “Hulu of Russia” that offers streamed premium TV and films from international and local big-name content holders, has raised another $40 million round of funding. The investment was led by Baring Vostok, a private equity firm,...

UPDATE 2-MegaFon board backs plan to buy Euroset stake-source

Reuters 10 September 2012 Mobile phone operator MegaFon , which is preparing a London flotation, on Friday approved a plan to buy a half stake in Russia’s biggest cellphone retailer, a source familiar with the situation said. The deal for 50 percent of Euroset,...

APM Terminals buys 37.5 percent stake in Global Ports

Reuters 10 September 2012 APM Termnials, the ports arm of Denmark’s A.P. Moller-Maersk (MAERSKb.CO) said on Monday that it will buy a 37.5 percent stake in Global Ports (GLPRq.L) from a Russian private transportation group N-Trans, Global Trans said in a...