Kaliningrad’s GS Group unveils new venture arm for high-tech investment

Aug 1, 2013 | Central & Eastern Europe, News

East-West Digital News GS Group, a privately-held international holding based in Kaliningrad, Russia’s westernmost enclave bordering Poland and Lithuania, announced earlier this month plans to support entrepreneurial innovators and start-up teams at all stages of...

China Brokerage Citic Completes CLSA Deal Minus Taiwan Business

Jul 31, 2013 | France, News

Bloomberg Citic Securities Co., China’s largest broker by market value, completed its purchase of Credit Agricole SA (ACA)’s CLSA unit, withholding $100 million of the $1.25 billion price pending its acquisition of the Taiwan operation. Citic is paying $841.7 million...

Yahoo Acquisition #19 for Mayer: Beijing’s Ztelic

Jul 29, 2013 | News

The Wall Street Journal Yahoo has acquired a small Beijing-based company, Ztelic, that analyzes social-network data. A Yahoo spokeswoman said on Thursday that Ztelic was a small “talent acquisition” that would bring eight employees to Yahoo’s research and development...

Pinault Family Buys Napa Araujo Estate Wines to Add to Latour

Jul 29, 2013 | France, News

Bloomberg 28 July 2013 The family of French billionaire Francois Pinault, owner of Chateau Latour in Bordeaux, has acquired California’s Araujo Estate Wines along with its flagship Eisele Vineyard. Araujo has 162 acres (66 hectares) in the northern Napa Valley,...

Hutchison Is Buyer of Phone Assets in Italy, Novari Says

Jul 29, 2013 | News

Bloomberg Hutchison Whampoa Ltd., Hong Kong billionaire Li Ka-shing’s biggest company, may consider other options to bolster its telecommunications assets in Italy after talks to merge with Telecom Italia SpA’s wireless business were put on hold, the head of its local...

Shanda Games to Acquire Platform-Related Affiliates to Strengthen Mobile Strategy

Jul 29, 2013 | News

PR Newswire 28 July 2013 Shanda Games Limited, a leading online game developer, operator and publisher in China, announced today that it has entered into definitive agreements to acquire affiliates providing user and payment platform services from its parent company...