A total of USD237.1 million was given to Rostelecom by Deutsche Bank and Russian Direct Investment Fund for over 72 million Rostelecom ordinary shares.
Sectors
30% of Gland Pharma purchased by KKR & Co.
In its second largest acquisition in the past six months, KKR had acquired 30% of India's Gland Pharma for USD150 million.
Mitsubishi UFJ Trust and Banking Corp completes purchase of Butterfield Fulcrum Group
Mitsubishi UFJ Trust and Banking Corp announced the completion of its acquisition of Butterfield Fulcrum Group, now known as Mitsubishi UFJ Fund Services.
Victory Park Capital sells Ascent Aviation Services to LongueVue Capital
Victory Park Capital sold its portfolio company Ascent Aviation Services Corp to LongueVue Capital Partners.
Google agrees to back Silver Ridge Power with USD 103 million investment
Technology giant would be making a USD 103 million investment in Silver Ridge Power's Mount Signal Solar project.
Latest News
Otsuka Pharmaceutical announced today the completed acquisition of Astex Pharmaceuticals in a deal valued around USD900 million.
GAIL India agrees to sell off shares through block sales in China Gas Holdings. GAIL, the state-run gas company, had offered to sell USD65 million worth of stocks in China Gas Holdings Ltd.
WR Grace & Co would be buying the polypropylene licensing and catalyst division of Dow Chemical Co for USD 500 million.
Private equity-backed KIK Custom Products would be purchasing the consumer products business of Chemtura Corp in cash.
The government of Congo had plans to implement changes to its equity agreements with mining firms, which includes increasing its free stake in all new mining projects from 5% to 15%.
An African news outlet said in its report that Sanlam Emerging Markets (SEM) had started its negotiations with Nico Holdings over buying a 49% in its short-term insurance business unit Nico Life Insurance.
Retail buyouts and mergers lead by foreign exchange market broker FXCM Inc had been seen proliferating in the midst of closures of some of the biggest hedge funds in the US and European Union.
Leading Japanese trading firm Itochu formalizes latest contract with the Sultanate of Oman for oil imports.
In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.
