Russia to sell off interest in telecoms firm Rostelecom

Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.


DP World Extends Maturity Date of US$1BN Loan

DP World, because of favorable market terms, was able to extend its revolving credit facility. (Photo : Reuters)The image is the signage infront of the DP Head Office.

ThousandEyes raises $5.5 in Series A funds

ThousandEyes acquired $5.5 million in Series A funding led by Sequoia Capital. ThousandEyes, a San Francisco, California-based information and technology performance management provider, announced on Wednesday that it has successfully acquired $5.

Upcoming social network Nextt raises $700k in funding

Nextt, a new social networking app, said it has raised $700,000 in funding. New social networking platform Nextt announced on Wednesday that it has raised $700,000 worth of seed funds.


Latest News

CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
Riverstone Holdings announced its close of its fund which amounted to $7.7 billion. (Photo : Reuters)This is the logo of Riverstone Holdings LLC Riverstone Holdings LLC announced on Wednesday that it has acquired $7.
BC Partners have finally closed the deal to acquire Springer Science from EQT V and GIC. (Photo : Reuters)This is the logo of Springer Science+Business Media.
Huron Rivers Ventures Partners announced its completion of its initial fund worth $11 million. Early-stage venture capital investment company Huron River Ventures Partners has reached a close on its maiden fund, Huron River Ventures I worth $11 million.
Antelope Oil Tool and Manufacturing Co. agreed to a buyout deal with Interval Capital. Interval Capital closed the deal to buy Texas-based Antelope Oil Tool and Manufacturing Co.
Card Scanning Solutions gains Insight Venture Partners, Red Oak Growth Partners and Egis Capital Partners as investors.
Cabot Square Capital recently finalized a deal to sell Key Retirement Solutions to Pheonix Equity Partners.
SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.
The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.
Ken Glass establishes Cold Mountain Capital, the new investment and management firm. Chairman and founder of TECT family of businesses and Stony Point Group, Ken Glass, announced recently the launch of a new investment management firm Cold Mountain Capital LLC.