All posts tagged Russia

Mining Bulldozer

London-listed Highland Gold acquires Russian peer Bazovye Metally

UK-listed and Russia-focused gold miner Highland Gold Mining Ltd (LON:HGM) said on Tuesday it had acquired sector firm Bazovye Metally CJSC for USD212m (EUR165m) in cash. Bazovye Metally has the mining and exploration rights to the Kekura gold deposit in …

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Oil Pump in Siberia, Russia

Rosneft plans no buyout of TNK-BP minorities

OAO Rosneft (MCX:ROSN; LON:ROSN) does not intend to buy out shares from oil producer TNK-BP Holding OAO's (RTB:TNBP) minority stakeholders, the Russian oil and gas major's CEO Igor

AvivaBuilding

UK insurance group Aviva agrees to sell Russian life and pension arm

UK insurer Aviva plc (LON:AV) on Wednesday said it was disposing of its Russian life and pensions business to local non-state pension fund Blagosostoyanie for EUR35m (USD46m) in

Istanbul, Turkey

Troubled Dexia seals deal to sell Turkish arm to Russia’s Sberbank

Rescued Franco-Belgian bank Dexia (EBR:DEXB) said on Friday it had sealed a deal to sell its 99.85% stake in Turkish arm Denizbank (IST:DENIZ) to Russia's top lender Sberbank

Russia Freight and Trains

London-listed Globaltrans completes $540m acquisition of Metaloinvesttrans

Russian freight rail company Globaltrans Investment Plc (LON:GLTR) on Wednesday said it had closed its USD540m (EUR425.7m) takeover of captive freight rail transportation operator Metalloinvesttrans LLC (MIT) from

Istanbul

Russia’s Sberbank returns to the race to acquire Dexia’s Turkish arm

Russia's top lender Sberbank is back in the race for Denizbank, the Turkish arm of rescued Franco-Belgian bank Dexia (EBR:DEXB), several months after pulling out from the competition over disagreement on the price, news agency Bloomberg reported. The Russian bank has

Russian freight train firms to merge

London-listed Globaltrans to acquire Russian rival Metalloinvesttrans for $540m

Russian freight rail company Globaltrans Investment Plc (LON:GLTR) on Friday said it would take over Metalloinvesttrans LLC (MIT), the captive freight rail transportation operator of Russian iron ore

Barrick Gold sells stake in Highland Gold, conrtolled by Abramovich

Canadian Barrick Gold exits Abramovich-controlled Highland Gold Mining

Canadian gold producer Barrick Gold Corp (TSE:ABX) has today concluded the sale of its entire 20.4% interest in Russia-focused miner Highland Gold Mining Ltd (LON:HGM) for nearly GBP79.5m

All Saints, retail giant comes back from the brink

All Saints comes back from the brink

The retail giant, All Saints, may have found it saviours in a lucky escape from closing down many of it's stores. A last

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