Rumors that Coca Cola is seeking to acquire Russia’s Nidan Soki were confirmed today after an announcement that the beverage maker has officially applied for approval to make the purchase from Russian regulators.
The share’s are to be acquired from private equity group Lion Capital. Terms of the deal have not been disclosed.
According to the press service of the cabinet of minister’s of the Republic of Tatarstan, Troika Dialog invested 500 million rubles in 2009 in small innovative enterprises in the region.
Tvigle.ru, the Russian online video content distribution, licensing and advertising company, is offering between 10% and 25% of the company to strategic private equity investors. The owners are seeking a valuation of owners are seeking is $45 million.
VTB Asset Management is putting its venture capital and private equity management team back together following last months management shake up. Aidar Kaliyev has been named Head of the Department of Direct and Venture Investments at VTB Asset Management.
Russian Minister of Eduction and Science Andrei Fursenko told President Dmitry Medvedev yesterday that Russia had already established 166 business incubators throughout the country for the support of pre-venture capital and private equity start-up businesses, largely within the context of the university system.
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