Icon Private Equity has surrendered its share in Ukrainian agriculture company Agrika to Sintal Agriculture in exchange for a 6 percent equity in Sintal.

Chinese telecom manufacturer ZTE has announced a joint project with Icon Private Equity to build a new WiMAX system in Ukraine. The 3.5 GHz network, aimed at providing service in the greater Kiev area, will be built through Icon portfolio company Ukraine High Technologies (UHT) and is expected to be complete by the end of [...]

Icon Private Equity, a Russian based investment firm, is preparing to invest in bringing internet access to some of Russia’s most remote areas. The plan to build and develop WiMax networks covers 11 regions including Leningrad and Moscow, and is expected to cost Icon around USD 200 million. The network is set to begin commercial [...]

Icon Private Equity announced that the firm has acquired 49% of the Ukrainian Delta Bank from Nikolay Lagun, the head of the banks’ supervisory board and previous sole owner. The transaction was made in an effort to develop the top consumer lending bank in Ukraine and expand its operations in the region. No transaction details [...]