May 31, 2012 | News
East-West Digital News 30 May 2012 “No IPO is being planned. Facebook’s IPO has destroyed the trust of many individual investors in social networks, so [our] IPO is postponed indefinitely,” Vkontakte’s founder and co-owner Pavel Durov tweeted on Monday, answering a...
May 28, 2012 | News
Moscow Times 25 May 2012 Sberbank is close to buying Turkey’s Denizbank, in a deal that would secure it a foothold in its long-eyed Turkish market and nudge out a rival bidder, three people familiar with the matter said Thursday. Europe’s No.2 lender by...
May 28, 2012 | News
Reuters via The Moscow Times 25 May 2012 President Vladimir Putin on Thursday ordered the government to approve a plan to sell assets held by state energy holding company Rosneftegaz in 2013-15, paving the way for the sale of stakes in Gazprom and Rosneft. The decree...
May 28, 2012 | News
East-West Digital News 28 May 2012 Last week, Leta Group, a prominent Russian IT security holding, announced the launch of ‘Leta GIV,’ its corporate venture arm, along with its first investment – interactive air screen maker Displair. “Generating projects internally...
May 25, 2012 | News
Economic Times 25 May 2012 NEW DELHI: Malaysia-based private equity Navis Capital Partners has taken complete control of homegrown fast food chain Nirula’s after buying out its co-owner Samir Kuckreja’s stake. Kuckreja confirmed his exit to ET, but...
May 25, 2012 | News
East-West Digital News 25 May 2012 Moscow-based serial startup developer Fast Lane Ventures has teamed up with Ru-Net, an established Russian venture fund, to launch Eventmag.ru, an online service to organize events and book event tickets. The well known US site...
