OAO MegaFon issues dividend to shareholders. The second largest Russian mobile operator in terms of revenue, OAO MegaFon, has surpassed its larger competitor OAO Mobile Telesystems in terms of market value after it had pledged to pay out US$1.
Sectors
EE owners France Telecom and Deutsche Telekom to do IPOs
EE joint owners France Telecom and Deutsche Telekom to undertake IPOs of shares. In an announcement, Deutsche Telekom AG said it has valued its joint venture with France Telecom, EE, at GBP10 billion or US$15.
New Senior Adviser Appointed for NBGI Private Equity
NBGI Private Equity signs Tim Kelly as its second board member for its Senior Industry Advisory Board.
HgCapital Pulls Schleich Out of the Market
HgCapital pulls toymaker Schleich out of the market. HgCapital. the European equity group, has halted the sale of German toy company Schleich. Schleich manufactures miniature animal figures and popular blue toys called Smurf.
Apple Losing its Luster with Hedge Funds
Apple Inc has been dumped by many investment fund management firms. Apple Inc, once the apple of the eye of many hedge funds has recently been dropped by some named hedge fund managers in the first quarter of 2013.
Latest News
Bilfinger SE set to purchase Siemens water business. The second largest construction company in Germany, Bilfinger SE, is now contemplating a bid for the water technologies business being offered for sale by Siemens AG.
The water utilities firm Severn Trent declines the takeover offers but advises deadline as to formal bids.
Enlightenment Capital invests in Opera Solutions for an undisclosed amount. The Washington, DC -based defense, aerospace and government-focused investment firm, Enlightenment Capital, has invested in the world renowned in machine learning science application and superior Big Data predictive analytics that impels greater profit, Opera Solutions, LLC.
Atlantis Computing secures US$20 million in series D capital financing. Last 15th of May, 2013, Atlantis Computing announced the conclusion of its Series D financial infusion round securing US$20 million.
Tokai Pharma receives US$35.5 series E capital financing round. Tokai Pharmaceuticals, Inc announced today that it was able to secure US$35. 5 million in a round of Series E growth financing in order to persuade investors to support Tokai's lead prostate cancer pharmaceutical product currently in medical development.
Inter RAO Lietuva AB reported loss for 2013 first quarter post IPO. Since its trading on the Warsaw bourse last December, Inter RAO Lietuva AB share values has slumped since it reported a 52% drop in its 2013 first quarter.
Bayside Capital and LBO France invest in Consolis. In an announcement today by Bayside Capital, it disclosed that a venture fund administered by Bayside had concluded a venture in Consolis, a renowned European producer of assembled concrete products.
Larsen and Toubro, following the lead of the Singh government, is selling inflation pegged bonds to the market.
Zoove Corp secures another US$15 million from current investor pool. Zoove Corporation disclosed in an announcement that it was able to get a calculated investment of US$15 million from its current Series D investors Panorama Capital and Rogers Venture Partners.
