According to press reports, TeliaSonera yesterday challenged Blackstone’s bid for Lattelecom, the Latvian telecommunications company. Blackstone offered to acquire the business in September 2007 for $575m, but the new Latvian government (appointed after the buyout was announced), led by Prime Minister Ivars Godmains, rejected the management buyout last month and said it would open up the privatisation process to other bidders.
Glass Container companies are portfolio companies of Horizon Capital’s Western NIS Enterprise Fund
Seed investor Heartbeat Labs will retain a 10% stake in Fernarzt
Innovery is a portfolio company of Wisequity IV, which closed on €215m and is currently 92% deployed
Fund will be larger than its predecessor, which closed on €280m in July 2018