Abrau-Durso and Magnit will produce chocolates, Bosch will sell its factories near St. Petersburg, ten venture funds have been launched in Russia in the last two years and other events will be held on December 19.
World
- Adobe has refused to buy online designer service Figma for $20 billion, a deal that had previously been blocked by the UK Competition and Markets Authority. The department believes the deal will hurt the software market.
Finance
- Ten venture funds have been launched in Russia in the last two years, Softline Venture Partners estimates. Eleven more funds are in the launch stage.
Business
- Yandex has re-registered apps on the App Store and Google Play for a new provider in Serbia. This will help the company avoid EU sanctions.
- The Russian wine house Abrau-Durso has agreed to produce chocolates at the facilities of the Magnit chain. Financial terms of the company were not disclosed.
- Appliance manufacturer Bosch will sell its factories near St. Petersburg to the Turkish investment fund Can Holding for more than $20 million.
Author:
Team RB
Source: RB
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