RDIF Makes First Investment in IT

RDIF Makes First Investment in IT

Moscow Times The Russian Direct Investment Fund, the European Bank for Reconstruction and Development and the CapMan Russia II fund have signed an agreement to invest $100 million in Maykor — a Russian IT outsourcing service provider, with a view to list the company...
China dairy group to seek approval for up to $1 bln HK IPO-IFR

China dairy group to seek approval for up to $1 bln HK IPO-IFR

Reuters 27 Aug 2013 Chinese dairy company Liaoning Huishan Dairy Group plans to seek approval from the Hong Kong stock exchange on Thursday for an up to $1 billion initial public offering, IFR reported on Tuesday, citing sources familiar with the deal. Huishan Dairy,...
Speakaboos Interactive Storybooks Service Raises $6.2M

Speakaboos Interactive Storybooks Service Raises $6.2M

TechCrunch Speakaboos, an ed-tech startup offering a subscription based service for children’s interactive storybooks, is today disclosing its seed and Series A funding totaling $6.2 million from New York-based digital media venture development platform [212]MEDIA...
Amgen seeks to bolster drug pipeline with $10.4 billion Onyx buy

Amgen seeks to bolster drug pipeline with $10.4 billion Onyx buy

Reuters 25 Aug 2013 Amgen Inc (AMGN.O) struck a deal to buy cancer drug maker Onyx Pharmaceuticals Inc (ONXX.O) for about $10.4 billion on Sunday, as it moves to restock its product pipeline in response to declining sales of its flagship anemia drugs. The acquisition...