Alexander Machkevitch and other ENRC co-founders to partner with Kazakh government to make a bid for ENRC.
High-net worth individuals
VTB IPO Preparations Underway
VTB, Russia's second largest bank is undertaking an IPO worth nearly 100 billion roubles. Russia's second largest financial institution, VTB, is now undertaking plans to meet potential investors from all over the world in preparation for the issuance of new shares.
Billabong Negotiations Extended
Billabong has sought extension of discussions with Sycamore Partners and its former director for the proposed takeover.
Sechin Changes Tact with Rosneft
Rosneft CEO Sechin changes tact with Rosneft minority shareholders. The head of Russian top oil producer Rosneft, Igor Sechin announced last Tuesday he is reiterating his cooperation with the minority shareholders of TNK-BP Holding.
Silver Lake Bid to Push Through Come Hell or High Water
Silver Lake's bid for Dell would push through amidst the financial and legal consequences written into the offer.
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According to anonymous sources, Blackstone Group withdraws from Dell takeover bidding. And now it has come to one, as Blackstone Group LP has withdrawn from the race for the takeover of Dell Inc.
According to Paul Flynn, new CEO of Whitehaven Coal the shares of embattled tycoon Nathan Tinkler remains put in the company.
UCP purchases VKontakte majority shareholdings from founding stockholders. United Capital Partners, the Russia focused investment fund, has purchased 48% of shareholdings of VKontakte, the top social network in Russia.
Celltrion founder Seo Jung-jin is divesting his shareholdings because of speculative short selling. Last Wednesday, Celltrion Inc has named JP Morgan as advisor to assist the firm remove its linkages from its founder, Seo Jung-jin.
Molinare TV obtains investment funds from Saphir Capital Private Equity Fund. The renowned post production house based out of London, Molinare TV & Film Limited was able to secure financial investments from Saphir Capital Partners.
The entertainment division would carry the name 21st Century Fox and the publishing division would retain the News Corp name when Rupert Murdoch's empire would be split by the end of the year.
Stephen Feinberg, owner of Cerberus Capital Management, may bid for shareholdings of Freedom Group after his own firm is selling off the shares.
Rosneft, through two fronts would purchase 21% shareholdings in oil refiner Saras. The largest oil producer in Russia, Rosneft has agreed to purchase up to 21% shareholdings in Italian refining company Saras.
AirAsia JV programs now underway. On Saturday, AirAsia Bhd announced that prior to its launching of the joint venture, they have started hiring India-based captains, first officers and pilots for the Indian budget carrier.
