Following a June announcement that MIH Allegro B.V. was in negotiations to acquire internet portal Bankier.pl from MCI Management, the deal was completed on August 6, 2009. Allegro has followed through on its plans and has purchased 6,013,052 shares of Bankier.pl, equaling a controlling stake of just over 83%. The shares were acquired via a [...]
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Nowaco Part of Dual Bidvest Acquistion
04/08/2009
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South African based international trading and distribution company Bidvest, has announced an agreement to acquire 100% interests in Nowaco Czech Republic s.r.o. and Farutex Sp. z.o.o. from CCMP and Bancroft Equity Partners. The acquisitions will be made via a purchase of the issued share capital of both companies at an aggregate value of € 250 [...]
Standard Bank to Invest in Russian Troika Dialog Group
31/07/2009
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Following a visit from a Russian delegation which included Troika Dialog Group Managing Director Andrei Sharonov and Russian Federation President Dmitry Medvedev, Standard Bank has announced plans to invest in a 33% stake of the Russian investment bank Troika Dialog. The deal is designed to encourage more Russian companies to become active in countries where [...]
14/08/2009
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