iDeals™ Options Attends the Baltic M&A and Private Equity Forum 2014

iDeals™ Options Attends the Baltic M&A and Private Equity Forum 2014

Turkey’s food sector is currently seeing a rapid succession of new partnerships and buying and selling. In December 2013, Muharrem Kayhan, former Head of the Turkish Industry & Business Association began the search for a buyer for Moova, which his brother Kilmi Kayhan owned. However, by May 2014 ongoing negotiations with various interested parties had not generated an agreement, so Moova made the decision to suspended production on 20 May to minimize losses.

While attending the forum, Anna and Vladimir held a series of business meetings presenting the iDeals™ Virtual Data Room and iDeals.Net, a communication platform for M&A professionals.

The program of the two-day event was designed to provide specific information about the current conditions and perspectives on the Baltic M&A market. International and local speakers shared their thoughts on how geopolitical fluctuations in the world could affect the Baltic Region economies and the local M&A landscape. Both guests and speakers provided their insightful opinions on how to mitigate risks and discussed successful mergers & acquisitions transactions.

iDeals™ Options, which recently opened a regional office in Istanbul and successfully provided and continues to provide VDR services for several major capital market deals in the Middle East, is pleased to announce its participation as a Strategic Partner in the Middle Eastern M&A and Private Equity Forum 2014[1] to be held in Dubai on May 5, 2014.

The first Annual Achievement Award Ceremony for the Baltic Private Equity & Venture Capital Industry, which was established by the European Investment Fund (EIF), was held to highlight the most significant deals contributing to the development of the Baltic M&A industry last year.

November 03, 2014

iDeals™ Options a Co-Sponsor in the BioPharm Insight Healthcare Forum

On October 28th, 2014, iDeals™ Options, alongside RHO and SVC, co-sponsored first annual BioPharm Insight Forum, organized by Remark and hosted at the Alexandria Center of Life science in New York. With over 200 attendees, it was certainly an event not to miss.

According to Soktas, the parent company of Moova, on July 1, 2014 after negotiations with a number of investors the Board of Directors resolved to sign a transfer agreement of 99.99% of its shares to Tat Gida for TRY 32.27 million.

iDeals™ Options representatives, Anna Volfman, Business Development Director, and Vladimir Letunovsky, head of the iDeals™ Solutions’ division for the Baltic countries, have attended the Baltic M&A and Private Equity Forum. The purpose of this annual event in the Baltic region is to discuss and provide latest insights and trends of the Baltic M&A and PE markets.

October 07, 2014

iDeals™ Solutions enters into a Strategic Partnership with Elit Capital

After the signing of the agreement, the CEO of NADL, Alf Ragnar Lovdal, said, “We are very pleased to have achieved this important transaction and welcome ’Rosneft’ as a new equity partner and a member of the Board of Directors.”

OJSC “Rosneft” and Norwegian drilling company, North Atlantic Drilling Limited (NADL) specialized in operations in harsh environments, and its primary shareholder, Seadrill Limited, signed a framework agreement for long-term cooperation in the implementation of projects for the provision of oilfield services. According to this agreement, “Rosneft” will acquire NADL shares through an exchange of assets as well as investments in the share capital of the company.

Elit Capital is specialized on providing financial advisory services in Corporate Transactions, acting with independence in execution of Mergers, Acquisitions, Divestitures, Carve-outs, searching for new Investors and Joint Venture operations. The main office is located in the heart of Latin America, in Brazil. This partnership between the two emerging companies brings extra value and services to all our clients.

The partnership between iDeals™ and Elit Capital creates the one stop shop for clients which require a trustworthy partner that they can rely on to deliver a high quality product and personal service in a timely manner.

When executing this deal, the parties used the iDeals™ Virtual Data Room secure document exchange tool.

iDeals™ is used by financial and legal professionals around the globe for multiple services, such as due diligence, fundraising, M&A deals, post-merger integration, and secure document collaboration purposes. Comparatively, Elit Capital has been providing financial advisory services for Investment Banks, Law Firms, and Private Equity Firms.

September 12, 2014 LUKOIL used the iDeals™ Virtual Data Room in the sale of 138 filling stations OJSC LUKOIL has signed agreements with the Hungarian companies MOL Plc. and Norm Benzinkut Kft to sell them 138 filling stations in the Czech Republic, Slovakia, and Hungary. The iDeals™ Virtual Data Room was used for the secure exchange of documents related to the agreement.

iDeals™ Solutions, a global provider of secure online file management services, is excited to announce strategic partnership with Elit Capital, a leader in Financial Advisory in Mergers and Acquisitions.

August 22, 2014

“Rosneft” and North Atlantic Drilling sign asset swap agreement

This annual event is traditionally a gathering of leading industry experts and professionals for panel discussions and to share experiences. We are looking forward to meeting our partners and customers, as well as anyone interested in our services, soon to be available in Dubai.

The final terms of the transaction, including the amount of the monetary contribution to the charter capital of NADL, will be determined after the closing of necessary corporate and accounting procedures, which is expected by late 2014.

The Sino-Science Netherlands Energy Group B.V. company acquired 7,600 pieces or 95% of the total amount of JSC Maten Petroleum’s offered common shares. The carve-out share deal for the Sino-Science Netherlands Energy Group B.V’s benefit was performed on June 25, 2014 by company shareholders Dinmukhamet Idrissov, Baharadin Ablazimov, and Erzhan Dostybayev. The sum of the transaction amounted to $525.8M.

Remark, part of MergerMarket group, a premium producer of financial sector conferences around the world, hosted its first healthcare forum focusing on financial activity in the life sciences sector including discussions on M&A, innovative financing trends and most interesting, shareholder activism. With Allergan & Valeant being the hottest topic of the news today, it was very exciting to hear panelists like Keith Meister (CIO of Corvex Management LP) and Alexander Denner (CFO of Sarissa Capital Management LP) share their thoughts on the hot topic. Top executives from Royal Bank of Canada (RBC), GE Healthcare (GE), UBS (UBS) AND Goldman Sachs (GS) all participated on the panels at the BioPharm Forum in New York.

August 20, 2014

The Corporate Group “Mother and Child” acquires the Novosibirsk Medical Center “Avicenna” for $45M

CG “Mother and Child”, a leading company in the provision of private healthcare in the field of women’s health and pediatrics in Russia, announces the upcoming acquisition of 100% of the shares of Ivicend Holding Ltd, the owner of Medical Center “Avicenna”. According to “Mother and Child”, the value of the transaction was $45.5 million. Medical Center “Avicenna” is located in Novosibirsk where CG “Mother and Child” does not operate yet.. The company “Avicenna” includes three multiprofile medical diagnostics clinics with their own laboratory as well as a hospital with a maternity ward. As a tool for secure document exchange during this transaction the parties used iDeals™ virtual data room.

August fourteen, 2014

Sino-Science Netherlands Energy Group B.V. acquired 95% of shares of JSC “Maten Petroleum” amounting to $525,8 m

JSC “Matin Petroleum” is a private oil company owning subsoil use contracts at three oilfields in the Republic of Kazakhstan: Kara-Arna, Eastern Kokarna, and Matin. The total volume of 2P reserves as of June 30, 2012 is 58.1 m barrels (as estimated by the auditing company Gaffney Cline & Associates).

Fresenius Kabi, Sistema JSFC and Zenitco’ stakes in the newly created venture, which will include 100% of Binnopharm and all of Fresinius Kabi’s business in Russia and CIS, will be 51%, 37% and 12%, respectively. The deal will allow Fresenius Kabi to use and develop Binnopharm’s existing production facilities and distribution network. Pre-merger processes and document exchanges were efficiently and securely transacted via an iDeals™ Virtual Data Room.

Pursuant to the signed agreement, Slovnaft Ceska Republica (a subsidiary of MOL Plc.) will acquire a network of 44 LUKOIL filling stations located in the Czech Republic. Norm Benzinkut will buy 75 LUKOIL filling stations in Hungary and 19 LUKOIL filling stations in Slovakia. The total amount of the agreement has not been made public. The decision to sell the assets was made as part of the effort to optimize LUKOIL’s business in petroleum-products marketing.

July 02, 2014

iDeals™ was involved in the deal between Turkish companies Tat Gida & SoktaS

The deal is still subject to approvals of the Federal Antimonopoly Service and the Government Commission on Monitoring Foreign Investments of the Russian Federation, and is expected to be finalised by the end of 2014. Financial details of the agreement have not yet been disclosed.

As a tool for the secure exchange of documents in the implementation of this transaction, the parties used the iDeals™ virtual data room.

“iDeals™ virtual data room technology will be offered to all our clients”, says Daniel Rivera, Founder and President of Elit Capital. “We are proud to have partnered with iDeals™, and look forward to the future growing for both our businesses.”

Tat Gida, a division of the Koc Group, has purchased Moova, one of Turkey’s largest milk and cheese producers. All parties involved in the purchase used iDeals™ Virtual Data Room platform to securely exchange deal-related documents throughout the deal process.

June 23, 2014

Abbott $495M acquisition of Veropharm using iDeals™ Virtual Data Room

iDeals™ Virtual Data Room platform is being used to securely exchange deal-related documents by all parties involved in Abbot’s $495M acquisition of Russia-based Veropharm
US-based Abbott Laboratories announced a definitive agreement to acquire Russian drugmaker Veropharm. Under the terms of the agreement, Abbott will buy Garden Hills, a holding company that currently owns a controlling interest in Veropharm, for between RUB13.6 billion and RUB17 billion (or approximately $395 million to $495 million) depending on Garden Hills’ share ownership of Veropharm at time of close.
Abbott said that with the acquisition it will acquire a portfolio of more than 100 products and expects the acquisition to add approximately $150 million in sales in 2015.
The US company, which has been operating in Russia since 1978, said the deal would allow it to establish a manufacturing presence in the country. Veropharm has three pharmaceutical manufacturing sites in Pokrov, Belgorod and Voronezh. June 23, 2014

Qiwi opts to use the iDeals™ virtual data room to conduct its SPO

Qiwi, the Russian payment system that enables payments either in person, online, or via cell phone, concluded a secondary public offering (SPO) of 7.97 million shares, representing 14.7% of its total holdings. 1.99 million shares were sold by the company itself, and the rest – by shareholders. The price per share offered in the SPO was $40.
Qiwi selected iDeals™ Options, Russia’s top provider of VDR services, to manage interactions and security during the document exchange between the bookrunners and the co-organizers.
The total value of the share packet issued by the SPO was estimated at $318.9 million. This resulted in earnings of $79.7 million for the company, and $239.2 million for shareholders. The SPO took place on June 20, 2014.
Qiwi is planning to use its proceeds for general corporate purposes.
June 20, 2014

Turk Telekom sells $1.0 bn in Eurobonds using iDeals™ Virtual Data Room

The sales process of the bond issuances of USD 500 million with 5 year maturity, 19.06.2019 as redemption date, and 3.75% coupon rate based on 3.836% reoffer yield; and USD 500 million with 10 year maturity, 19.06.2024 as redemption date, and 4.875% coupon rate based on 4.982% reoffer yield was completed on June 19th, 2014. The bonds are now quoted at the Irish Stock Exchange. The proceeds were transferred to Turk Telekom’s accounts. [1] Support of the transaction was carried out using the iDeals™ Virtual Data Room service.
June 16, 2014

Yandex uses iDeals™ in its acquisition of Auto.Ru for $175M

Yandex, a Russian search engine company, recently announced it has acquired, an online auto classifieds company, for $175 million. During the acquisition process all parties involved in the deal used the iDeals™ Virtual Data Room platform for the secure exchange of deal-related documents.
Yandex acquired’s catalogue which includes more than 400,000 listings for all types of new and used motor vehicles. The listings are placed by both auto dealers and private individuals. also has listings for tyres and spare parts and offers users’ reviews, news and forums.
Yandex has more than 60% of the Internet search traffic market in Russia, which is more than twice that of Google. Often referred to as the “Google of Russia,” Yandex is the largest Russian Internet company based on revenue, which was $1.2 billion in 2013. Yandex generates most of its revenue from contextual display ads. [1]
According to Yandex, the acquisition of will enable it to provide more comprehensive answers to users’ questions and expand its capabilities in auto classifieds.
VTB Capital was Yandex’s financial adviser for the purchase, according to a company statement about the deal. [2]
June 05, 2014

Cyril Fung joins iDeals™ Options as a Senior Advisor

iDeals™ Options is pleased to announce that Mr. Cyril Fung, who is one of most experienced and reputable investment professionals in Hong Kong, has joined the iDeals™ Options team as a Senior Advisor. We are looking forward to a mutually rewarding partnership.
He is a successful and resourceful entrepreneur, venture capitalist and financier dating back to 1972 and was a pioneer in the development of Asia’s venture capital sector. He has advised many multi-national companies and industry leaders about doing business in Asia. Mr. Fung was responsible for structuring a joint venture for McDonald’s to successfully enter the Hong Kong market in 1975 which subsequently led to the company’s rapid expansion in other parts of Asia. Over the years, he has helped many companies execute successful Asian market entry strategies.
Mr. Fung has served on numerous boards of directors and advisory boards of many prominent companies covering a wide range of business sectors. Mr. Fung is frequently consulted on doing business in Asia.
He is a member of a prominent Hong Kong banking family. His grandfathers were among the founders of The Bank of East Asia and his late father, Sir Kenneth Fung, was at one time the bank’s chief manager. In the 1960s, Mr. Fung worked for The Bank of East Asia in Hong Kong. In 1968 he moved to the United States, where he worked for Morgan Guaranty Trust of New York and was one of the first Chinese to be employed by the company. Mr. Fung is highly regarded as a strong strategist with extensive deal structuring experience. He casts a wide net worldwide and is known as someone who is very effective in connecting the dots.
Mr. Fung is has a B.A. Degree from Harvard (1961) majoring in architectural science and an MBA from Harvard Business School (1965) majoring in finance. May 19, 2014

iDeals™ Solutions enters into a Strategic Partnership with Network Financial Printing

iDeals™ Solutions Group, which offers robust and intuitive deal management solutions for secure document exchange, is excited to announce a strategic partnership with Network Financial Printing, a leader in the Leveraged Buyout (LBO) and M&A business. NFP is a Digital Financial Printing boutique based in the heart of Midtown Manhattan, New York, and has established the trust and confidence of Investment Bankers since 1996. This partnership between the two emerging companies brings added value and service to all of our clients.
iDeals™ is used by financial and legal professionals around the globe for multiple services, such as due diligence, fundraising, M&A deals, post-merger integration, and secure document collaboration purposes. Comparatively, NFP has been providing financial printing for Investment Banks, Law Firms, and Private Equity Firms by producing annual reports, bank books (CIM’s), lender presentations, offering memorandums, pitch books, private placements, prospectuses, and roadshows. Additionally, they also electronically produce XBRL & HTML EDGAR filings, 10-K’s, 10-Q’s & XML 13F-NT’s, which are then submitted and filed with the SEC.
The partnership between iDeals™ and NFP creates a one stop shop for finance and legal professionals who require a trustworthy partner that they can rely on to deliver a high quality product and personal service in a timely manner. Furthermore, this arrangement provides iDeals™ with an added value service component: financial printing capabilities in a state of the art 8,000 ft2 manufacturing facility in New York City. NFP is well known for their service, quality, and experience in the financial printing business, as well as their ability to accurately produce confidential documents in a four to twelve hour period. iDeals™ is proud to have partnered with NFP.
iDeals™ offers secure file sharing capabilities between deal parties and is able to support top level control on data forwarding, printing/sharing of files, and unauthorized downloading – a critical security component necessary to compete in today’s fast faced deal environment. With iDeals™ VDR capabilities, NFP’s clientele will now be able to securely share and store sensitive financial/legal documentation from anywhere in the world.
“We are very excited about the strategic partnership we’ve just inked with NFP,” says Elena Frolova, Director of Business Development for iDeals™. “This arrangement creates a very strong platform that will bring tremendous value to our clients on a global level, both on the VDR and the printing side of the businesses.”
“iDeals™ virtual data room technology will be offered to all of our clients to further expand on our strong financial printing capabilities, track record, and reputation of being the best in the business,” says Chris T. Concannon, Founder and President of NFP. “We are proud to have partnered with iDeals™, and look forward to the future and growing both of our businesses.” May 01, 2014

iDeals™ chosen as data exchange for JV partners & investors for the next financial hub in Kuala Lumpur

Malaysia: Wholly government-owned development agency, 1Malaysia Development Bhd (1MDB), is seeking investors to co-develop a large part of the 70-acre Tun Razak Exchange (TRX) project, the upcoming business & financial hub in Kuala Lumpur.
Stage one of the TRX includes four office towers, up to five residential towers, up to two 5-star hotels and a shopping mall. 1MDB appointed property advisers CBRE Malaysia (part of CBRE Group [NYSE: CBG]) and CH Williams Talhar & Wong respectively to look for potential JV partners and plot sales. 1MDB has chosen iDeals™ to provide for secure data exchange between potential partners and investors for TRX. We are pleased to be a provider of choice for the strategic project of gross development value (GDV) of RM26 billion (or USD 8 billion).

April 25, 2014

iDeals™ VDR Used by Sistema JSFC and Fresenius Kabi’s New Pharma Joint Venture

On April 25, 2014, binding agreements between Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS; Fresenius Kabi, a global healthcare company; and, Zenitco Finance Management, a minority shareholder of CJSC Binnopharm, were signed to create a joint venture to expand within the Russian and CIS pharmaceuticals market.

“We are very excited about the strategic partnership with Elit Capital,” says Elena Frolova, Director of Business Development for iDeals™. “This arrangement creates a very strong platform that will bring tremendous value to our clients on a global level, both on the VDR and the financial advisory of the businesses.”

”BioPharm Insight is the ideal co-host for our first healthcare forum,” said Erik Wickman, managing director at Remark. “This forum combines Remark’s expertise at hosting thought-provoking, compelling forums – with BioPharm Insight’s keen understanding of the events impacting key drug developments – as well as the deals and financing that will make them possible.”

February 26, 2014

iDeals™ Solutions is a Strategic Partner of the Middle Eastern M&A and Private Equity Forum 2014

Recently, Tat Gida sold Maret, its meat processing division, to Namet, as part of a plan to exit meat processing and strengthen its position in dairy products.

Organized by Verslo Zinios, the leading business publication of Lithuania, in cooperation with the law firm SORAINEN, the Baltic M&A and Private Equity Forum gathered over 200 leading representatives of the financial industry, as well as law professionals and business owners from the Baltic states and neighboring countries.

For more information on the event please click on the link January 14, 2014 iDeals™ Options Group a sponsor at the Israeli Forum of Chief Financial Officers The annual Israeli Forum of Chief Financial Officers was held in the city of Eilat (Israel) on January 7-9, 2014. iDeals™ Options Group participated as a sponsor and presented its innovative iDeals ™ VDR product, which is a Virtual Data Room with expanded technical user options.

iDeals ™ VDR provides users with an essential, convenient platform for conducting all types of financial transactions. It also allows users to securely share sensitive internal documents.
The Israeli Forum of Chief Financial Officers was established in September 1997. The main purpose of the forum is to provide financial officers of Israel’s leading companies with networking opportunities, discussions of topical professional issues, and information about trends in information technology development for the financial sector. January 03, 2014 Rostelecom and Tele2 merge Russian mobile assets using iDeals™ Virtual Data Room Picture The Board of Directors of Rostelecom OJSC (Moscow Exchange: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, has approved the merger of its assets with Tele2Russia AB (Tele2 Russia), which is equally owned by VTB Capital, the private equity arm of VTB, one of Russia’s largest banks, and a consortium of investors, to create T2 RTK Holding.
The joint venture, T2 RTK Holding, will become a leading player in the Russian mobile market and will have strong positions in regions currently served by Rostelecom and Tele2 Russia, and access to spectrum for next generation mobile services across all of Russia’s federal regions. T2 RTK Holding will have a subscriber base of approximately 38 million (Q3 2013), with revenues of approximately $2.97 billion.
The parties and their consultants implemented the merger using iDeals™ Virtual Data Room platform, which allowed for the secure exchange of deal-related documents throughout the deal-making process.
Rostelecom is a nationwide telecommunications enterprise and the largest universal communications operator in Russia, serving more than 100 million subscribers in 80 regions. Rostelecom offers cutting-edge fixed and mobile telephony, broadband access, pay television and cloud options to consumers and businesses. December 30, 2013 iDeals™ releases iOS secure document app for executives on the go Picture iDeals™ Options Group has released an iPhone and iPad app for its flagship Virtual Data Room (VDR) product, a fully-serviced secure document exchange application running on the web and now on iOS devices. The iDeals™ iOS app fills the need of executives who have to review time-sensitive deal information while on the go or those wanting the ability and convenience of doing so on their iOS device.
iDeals™ Virtual Data Room app is a simple and lightweight application that functions well without compromising any of its security features. Documents, no matter what the format, are viewable on the mobile device and are protected by watermarks. No footprint is left on the mobile device when accessing the file.
Users can be assured that if the device is stolen or lost, no one can recover confidential deal data from the iDeals app thanks to its zero-footprint feature and a pass code lock screen that appears after a short period of inactivity. December 24, 2013 iDeals™ Solution Group Successfully Completes ISO/IEC 27001:2005 Standard Certification Audit Picture We are glad to announce that iDeals™ Solution complies with the requirements of the ISO/IEC 27001:2005 international standard as it pertains to information security and has successfully completed the certification and external audit procedure. The audit was performed by the BSI Company (the British Standards Institution).
Since February 2013 iDeals™ Solution Group has implemented organizational and technical measures aimed at bringing the company’s information system into conformity with the requirements of the ISO/IEC 27001:2005 international standard and preparing existing business processes, particularly, client data processing and storage, for certification.
Receiving the ISO/IEC 27001:2005 Compliance Certificate marks the company’s next step towards enhancing its information safety systems and providing clients with a service of the highest quality. December 23, 2013 iDeals™ opens new offices in Hong Kong and Shenzhen, China In view of the growing business, iDeals™ Solutions Group relocates its Hong Kong office to the address below with effect from 15 Dec, 2013 in order to better serve its customers in the Asia Pacific. With a strengthened sales team and customer support team, iDeals™ will continue to provide the best-of-class service to its clients in Asia. iDeals™ also opens a new liaison office in Shenzhen to support the growing customer base in China. Please do not hesitate to contact our new offices for any sales and service inquiries.
Hong Kong Office Level 43, AIA Tower, 183 Electric Road, North Point, Hong Kong Tel: +852 5808 2376
Shenzhen Liaison Office Level 15, Tower 2, Kerry Plaza, #1 Zhong Xin Si Road, Futian, Shenzhen Tel: +86 755 3304 3412 December 03, 2013 Australia: iDeals™ provides deal platform to Corporate Travel Management for US$50m stake purchase of Hong-Kong-based Westminster Travel Picture iDeals™ Virtual Data Room (VDR) has been chosen as the deal platform by the Australian travel company Corporate Travel Management (ASX: CTD) to facilitate the acquisition of a 75.1% stake of Westminister Travel. iDeals™ VDR provides a secure platform for sharing the deal’s due diligence documents. Supporting dozens of executives and advisors for both the buy- and sell-sides of the deal, iDeals™ attaches paramount importance to high speed access and security when delivering VDR service. Capital raising is underway and iDeals™ will continue to provide support until the deal is completed. November 28, 2013 Hong Kong: Dragon Law launches its legal document site using iDeals™ VDR Dragon Law will launch its legal service site today, the first of its kind in Asia. Dragon Law provides high quality legal document templates, legal know-how and referral service to leading legal experts with an online document customization facility for the individual and corporate markets. The technology is provided by iDeals™ Solutions Group and is based on its flagship virtual data room product which is a tool typically used to exchange confidential information for M&A and IPO deals. Consumers and small businesses can now enjoy corporate-grade security of their documents created on the fly by Dragon Law without paying otherwise prohibitive legal costs.
iDeals™ is proud to be the technology partner of choice for Dragon Law in this exciting venture and will continue to develop the product for a wider market.
About Dragon Law
Dragon Law was founded by lawyers and attorneys from leading US, European and Asian law schools and the world’s pre-eminent law firms. The Dragon Law network of experts spans three continents and includes expertise from the world’s top law firms. November 22, 2013 Turkey: Emlak Konut REIC SPO banks used iDeals™ Virtual Data Room The Emlak Konut REIC SPO marked the first time Halkbank used iDeals™ Virtual Data Room (VDR). Halkbank used iDeals™ VDR to securely distribute analytic presentations to consortium members during the Emlak Konut REIC SPO. The iDeals™ team provided Halkbank with outstanding and prompt service.
Emlak Konut Gayrimenkul Yat?r?m Ortakl?g? A.S. (“Emlak Konut REIC”) successfully floated an additional 25.66 % of its capital, a total of 1,300,000,000 nominal shares, through a secondary public offering in November 2013. Emlak Konut shares began trading on Wednesday, 13 November 2013.”
Priced at TRY2.50 per share, Emlak Konut REIC’s Post-SPO market paid-in capital is TRY3,8 billion. 80% of the offering was allocated to international investors while the remaining 20% was split between domestic individual and domestic institutional investors. Halk Yat?r?m Menkul Degerler A.S. (“Halk Invest”) acted as the domestic coordinator and lead book runner of this transaction. This is not only the largest share offering in Turkey during 2013, it is also the largest primary offering of shares across Central and Eastern Europe, the Middle East and Africa region this year. It is also the largest share offering in the real estate sector in Europe in more than five years. October 15, 2013 KinoPoisk Uses iDeals™ Virtual Data Room to Sell Their Web-Service to Yandex On 15 October 2013, Yandex announced the acquisition of KinoPoisk Company [1], often referred to as “Russia’s IMDb”, which is ranked as one of the top 20 Russian websites. Although the terms of the deal were not disclosed, clearly it is one of the major deals of 2013 in Russia’s internet sector. The parties and their consultants used iDeals™ Virtual Data Room platform for the secure exchange of deal-related documents throughout the deal-making process.
October 01, 2013 Dragonite (HKSE: 00329) seals a US$75 million deal with Imperial Tobacco (LSE: IMT), using iDeals™ VDR Europe’s second-largest tobacco company, and the world’s fifth, Imperial Tobacco has acquired Dragonite International’s e-cigarette unit for US$75 million as it seeks to close the gap with competitors in new products.
According to Bloomberg, Imperial Tobacco, maker of Davidoff, is lagging behind its competitors British American Tobacco and Philip Morris in developing smoke-free alternatives to traditional cigarettes. The acquisition will put Imperial Tobacco into the race with its contenders in the e-cigarette business.
Dragonite chose iDeals™ as their virtual data room provider to provide sell-side information to multiple potential buyers including Imperial Tobacco.
September 27, 2013 Rosneft Acquires ALROSA Oil and Gas Assets for 1.38 bln USD through iDeals™ Virtual Data Room OJSC ALROSA and Rosneft Oil Company have signed an agreement for the sale of ALROSA’s gas assets. The deal consists of companies operating in the Yamalo-Nenets Autonomous District and the Republic of Sakha (Yakutia), including 100 percent holdings in CJSC Geotransgaz, Urengoi Gas Company LLC, CJSC Irelyakhneft and the 99.9995 percent stake in OJSC ALROSA-Gas. The transaction is valued at 1.38 bln USD.
A year ago Alrosa chose iDeals™ Virtual Data Room to facilitate the sale of these assets. The iDeals™ team provided participants with high quality support throughout the due diligence process.
September 02, 2013 iDeals™ was used by Hutchison Whampoa in China iDeals Options Group has completed a project early August for Hutchison Whampoa (SEHK: 0013), a Fortune 500 company, for one of its China operations in real estate business.
iDeals Solutions Group is a provider of scanning and secure data room services, catering to multiple sectors, including financial, legal, accounting, investment and real estate sectors in M&A, IPO and other transactions. Its flagship product, iDeals VDR, has been used by major corporations in the finance and professional services sectors.
August 29, 2013 “Veropharm” controlling interest was sold for US$160 mln through iDeals™ Virtual Data Room iDeals™ Virtual Data Room was selected by Pharmacy Chain 36.6 for the sale “Veropharm” which is one of the largest pharmaceutical manufacturers. According to the ITAR TASS NEWS AGENCY Pharmacy Chain 36.6 sold 52% of Veropharm shares to the company “Garden Hills” and the estimated value of the deal is US$160 mln. August 19, 2013 iDeals™ Options arranges assets sales for one of the oil and gas market leader in Russia Deals™ Options group has been working closely with the Oil and Gas company Payakha for almost 3 years now. Payakha is a major client and regularly uses iDeals Virtual Data Room for their internal and external projects. They recently collaborated to facilitate the sale of one of Payakha’s assets in the Krasnoyarsk region to Independent Oil and Gas Company.
July 25, 2013 iDeals™ Solutions provided the prospectus printing for 4Finance Group’s Bond Issue on the Irish Stock Exchange iDeals™ Solutions Group has been selected as the financial prospectus printer by the 4Finance Group on their Eurobonds issue. It is one of the leaders in the payday loans sector in Northern and Eastern Europe (1). The bonds amounted to 170m USD and were placed by 4Finance with the support of Standard Bank on the Irish Stock Exchange at the end of July 2013 (2). iDeals Solutions Group prepared, printed, and Internationally distributed the prospectus in compliance with the Irish Stock Exchange .
July 02, 2013 iDeals™ Solutions Group announces localization into Turkish of VDR Interface & Openning of Turkish Office Deals™ Options Group, one of the leading providers of Virtual Data Room services (VDR) for business communication and information management, has announced the opening of its new office in Istanbul and the availability of a local language interface of its Virtual Data Room (VDR) in Turkey.”
iDeals™ has been a provider of secure document management services to the investment, legal, life science and other sectors since 2008. Company’s flagship products – the iDeals™ VDR and iDeals™ Finance Communications services – represent the new generation technologies and are highly estimated by large companies and leading advisors all over the world.
iDeals™ Solutions Group has been actively involved in the Turkish market for some time now and anticipates that need for Virtual Data Room (VDR) services will grow significantly in this market in coming years. iDeals™ Options Group has completed the full localization of its virtual data room interface into Turkish, as well as its powerful Search functionality, meaning all documents loaded into its VDR are 100% searchable in Turkish.
“With the launch of the office and a local version of our award-winning VDR service, I am confident that iDeals™ Solutions Group can more effectively serve our clientele in this region and we know these product enhancements will help us grow even further” said Roddy Show, Business Development Manager, iDeals™ Options Group.
iDeals™ is already represented in three global regions: North America (New York office), Europe (London, Moscow, Kyiv) and Pacific Rim (Hong Kong). The launch of a new office in Istanbul will allow the company to secure a strong competitive position on both the Turkish and the Middle East markets and to promptly provide the region with iDeals™ VDR and Finance Communication services of superb quality and high security level.
For more information or to request iDeals™ Options Group products demo, please contact Barkan Baybogan, the company’s Regional Director for Turkey by phone +90 507 872 3229 or via email at barkan.baybogan@iDeals™
June 04, 2013 The largest privatization deal of 2013: iDeals™ Solution Group mandated as regulatory documentation filing agent In May 2013 iDeals™ was chosen to be an e-filing service provider in one of the biggest and unprecedented deals: VTB Bank, Russia’s second largest state-controlled bank group, has initiated and completed its secondary public offering (SPO) of 102,5 billion rubles (3,26 billion USD) worth shares.
iDeals™ has provided VTB with high quality support throughout the SPO process, successfully executing the project on filing the VTB regulatory documents with the U.S. Securities and Exchange Commission (SEC). All the documents to be considered by the SEC were converted and filed by iDeals™. We were glad to contribute to the procedure of corporate disclosure of all the important information to the investing public – crucial to an investor’s decision on whether to buy, sell or hold the security.
The deal closed successfully on May 21 with three sovereign wealth funds becoming the largest investors: Norges Bank Investment Management (Norway), State Oil Fund of the Republic of Azerbaijan (SOFAZ) and Qatar Holding LLC. Each of the funds purchased VTB’s shares worth 15 – 20 billion rubles, thus jointly accounting for more than a half of the additional share issue. A lesser part of VTB’s shares was purchased by several institutional investors from the BRIC countries. As a result of the SPO, state share has reduced from 75,5% to 60,9%.
May 24, 2013 Sale of SibGazOil for Rusneft through iDeals™ VDR One of the biggest Russian oil companies “RussNeft” (owner Mikhail Gutseriev) acquired CJSC “Uralnefteservis” and LLC “Standard – Nafta”. These companies specialize on oil production in the area of Kungur Perm region and were the part of “Sibgasoil” (owner ex-deputy of the State Duma Maxim Korobov). iDeals™ provided a virtual data room to all participants of this deal. The total assets price was estimated by experts of the $80-100 million. May 22, 2013 New big deal with iDeals™ VDR in Asia iDeals™ Options Group proudly announces our partnership with a leading legal services firm in Asia. The firm will leverage iDeals™’ cloud based services and technology in an effort to facilitate a secure exchange of legal documents and information for small, medium sized enterprises and individuals. iDeals™ provides secure and robust virtual data room solutions to protect valuable and confidential information for clients who depend on an efficient and proven technology partner like iDeals™ Solutions Group. Stay tuned and be the first to leverage on accessible and affordable legal service in Asia.
May 17, 2013 More and more companies use iDeals™ VDR In-house iDeals™ Solutions Group is pleased to announce the successful execution of several projects involving data storage on the customer’s corporate file servers, or the so-called iDeals™ Virtual Data Room In-House service. The In-House solution for VDR is often preferred by companies whose corporate policy restricts any external data centers storage. The process of installment of the iDeals™ VDR on your company’s servers takes less than 5 days. After it’s completed, you will be able to support an unlimited number of VDRs on your servers. January 09, 2013 OJSC RITEK Explored a New Oilfield in iDeals™ VDR The Virtual Data Room for successful M&A deal of the OJSC RITEK (Russian Innovation Fuel and Energy Company) [1] was maintained by iDeals™ Options. In the course of it, the RITEK, a subsidiary of the LUKOIL Group – one of the Top 20 Oil&Gas companies in the world, has acquired 100% of the capital stock of OOO Mushakneft’ (Udmurtia, Russia).
By this acquisition the RITEK also became the owner of Mushakskoe oilfield, which was explored in 1993 and has a flow rate of 5 cu. m. per day. The RITEK is mainly focusing on increase of oil output by applying innovative extraction techniques, which enable them to resume operations on abandoned and hard-to-recover oilfields.
iDeals™ Solutions, in turn, has added one more commodity market Project into their rich portfolio.
December 19, 2012 iDeals™ Options Provided Virtual Data Room for Another Major Acquisition Deal of Globaltrans – MMK-Trans Almost on New Year’s Eve, Globaltrans Investment PLC [1] and MMK-Trans Holding [2], as a result of bidding procedure and subsequent negotiations, agreed about acquisition of 100% shares of the captive freight rail operator MMK-Trans by Globaltrans – one of the top private freight rail transportation groups with operations in Russia, the CIS and the Baltic countries.
iDeals™ Solutions’ Virtual Data Room was selected for quick and secure sharing of the deal documents to the bidders.
By this deal, Globaltrans continued consolidation of the freight rail business in Russia, preceded by successful acquisition of Metalloinvesttrans earlier this year, which was also supported by iDeals™. The total net amount of the deal is USD 225 million. In addition, Globaltrans has gained a five-years shipping contract to transport at least 70% of the MMK Group cargoes.
iDeals™ Options successfully fulfilled their mission in this transaction and reaffirmed their leading position in the Regional M&A Market.
November 25, 2012 Majority Stake Sale of Karo-film In November 2012 iDeals™ Solutions provided Virtual Data Room for the largest deal in Russian entertainment sector. “Karo-film” cofounders Leonid Ohorodnikov and Oleg Andreev sold the controlling block of shares of the network to several direct investment funds and the founder of Kinostar de Lux – Paul Heth. According to the official press release for the consortium of buyers, they have pledged to invest in the development of a network about a hundred million dollars over three years. The consortium in particular includes Baring Vostok Private Equity, UFG Private Equity and Russian Direct Investment Fund.
According to various sources, the deal was worth about $ 450 million for the entire company or $ 200 million for the controlling block of shares.
November 22, 2012 Sale of LLC «EvrazTrans» JSC «OilTransService» Evraz plc. has signed an agreement of selling its affiliated company LLC «EvrazTrans» JSC «OilTransService» for 9.45 million rubles. Deal was closed in November 2012 due to obtaining of corporate approvals and necessary approvals of authorities by «OilTransService». In such document workflow it is necessary to operate in a secure virtual environment which was provided by iDeals™ Solutions.
As a result Evraz will direct deal’s founds to general corporate purposes including partial repayment of the debt.
October 31, 2012 iDeals™ Solutions has successfully completed its mandate as the online virtual data room provider for selling LLC Zhivoi Istok Moscow – iDeals™ Solutions has successfully completed its mandate as the online virtual data room provider for selling LLC Zhivoi Istok,which holds licenses to explore and produce oil at the Baleykinsky field and to survey the Uranskaya acreage both in the Orenburg Region, The new owner became Gazprom Neft [1].
October 10, 2012 MDMG Group (IPO) In London iDeals™ Options took direct participation in IPO of Marc Curser’s company – MD Medical Group Investments (MDMG), an owner of “Mother and Child” medical clinics network in Russia. In such a way medical company entered stock market for the first time in history of Russian business. All participants of this grand and promising event were provided with secure and premium-quality document management. As a result capitalization of the company was estimated at $900 million.
Virtual Data Room presented by iDeals™ Options proved again its reliability and company confirmed its own status as a reliable and successful partner.
May 21, 2012 iDeals™ Options Completes Second Major Regional Transport Deal of 2012 iDeals™ Virtual Data Room (VDR) was mandated to act as a secure corporate documents exchange system to support the acquisition of LLC Metalloinvesttrans by Globaltrans Investment PLC. Metalloinvesttrans – was the captive freight rail transportation operator of Metalloinvest, a leading global extractor of iron ore and producer of hot briquetted iron. Globaltrans is a leading private freight rail transportation group and the first Russian freight company to have an international listing (2008, GDRs, London Stock Exchange).
The iDeals™ VDR platform was used to securely share the target’s corporate data with potential buyers. The subsequent bidding ultimately culminated in Globaltrans’ successful offer of $540m in cash for 100% of Mettaloinvesttrans.
iDeals™ involvement in the Metalloinvesttrans deal showcases the advantages of using a state-of-the art virtual data room for a major M&A transaction.
This successful transaction means that iDeals™ has been used to support over $1bn in regional transport sector M&A. Over $400m in investment was raised earlier this year by Kurumoch Airport using iDeals™ VDR as a document repository.
About LLC Metalloinvesttrans
Metalloinvesttrans operated 9,202 railcars of which 8,256, including 7,851 gondola cars, were owned as at 31 December 2011. Metalloinvesttrans manages rail logistics of Metalloinvest cargo volumes using its owned and leased-in railcar fleet as well as engaged fleet from third-party operators. Metalloinvesttrans, including the engaged third-party fleet, handled 44.2 million tons in 2011 with a focus on metallurgical cargoes (83%) as well as coal (10%) and other cargoes (7%).
About Globaltrans Investment PLC
Globaltrans is a leading private freight rail transportation group in Russia and the first such group to have an international listing. Globaltrans Investment PLC provides freight rail transportation, railcar leasing, and certain ancillary services to clients in Russia, the CIS countries and the Baltics. March 26, 2012 Successful Management of KURuMOCH Transaction Puts iDeals™ Options on the Transport Sector map iDeals™ Options has successfully completed its mandate as the online virtual data room provider for Kurumoch International Airport’s competitive investor selection process. Kurumoch International (KIA) is the main air transport hub of Samara Oblast, Russia located approximately 35 km (22 mi) north of the city. It is one of the largest airports in the central Volga region, handling around 1.5 million passengers and 5,000 metric tonnes of cargo annually.
The investor selection process used iDeals™ Virtual Data Room as a platform to solicit and accept proposals from six potential investors. iDeals™ locally based servers and live 24/7 customer service department allowed the deal advisors to securely share approximately 5 GB of sensitive information over a period of three months. Advisors involved with the process used iDeals™ integrated audit and Q&A capabilities to adhere to local regulatory statutes during the highly competitive process.
Anna Volfman, the iDeals™ account manager for the project, has witnessed iDeals™ steadily become the platform of choice for high-profile Russian investment projects. “In 2010/2011 iDeals™ was already considered to be the leading VDR provider for CIS-based natural resources, energy and utilities projects. Now, with the successful completion of the KIA investment project, we have staked an important claim in the region’s transport and infrastructure space as well”.
Koltsovo-Invest, part of the Renova Group, one of Russia’s largest private business groups and a major investor in infrastructure was the successful bidder in the investment selection process. Koltsovo-Invest will invest a reported rubles 12.3bn (approximately $400m) in and around KIA as part of the agreement. March 05, 2012 iDeals Solutions™ Releases Next-Generation Document Viewer New proprietary viewer allows users to view secure text, spreadsheets and images without installing a plug-in.
LONDON – iDeals Solutions™, the electronic data room provider, announces the release of iDeals™ Viewer 1.0. The new software allows most users and administrators to view sensitive documents in a secure environment without the need for any additional plug-ins or downloads. iDeals™ has already upgraded around 30% of production data rooms with the new viewer technology.
Removing the need for a plug-in means that users employed by large organizations can now view shared documents in iDeals™ VDR without having to first seek admin approval from their IT staff. The new viewer also improves the usability and security of the iDeals™ Virtual Data Room (VDR). iDeals™ Viewer 1.0 features include:
Secure automatic conversion and encryption of files from most native formats (acceptable formats include pdf, txt, doc, docx, xls, xlsx, ppt, pptx, vsd, pub, rtf, htm, html, mht, jpg, jpeg, jpe, gif, bmp, png, tif, tiff, wmf abd dwf); Guaranteed plug-in free viewing for all users with Adobe Flash installed (this accounts for over 98% of world-wide PC and Mac users); Assurance that decrypted text and imagery within a document will not be captured by a user’s browser cache (leaving no footprint on hard drive); Faster screen changes during online document scrolling; Full document search functionality in all languages; Optional watermarking.
Elena Frolova, Director of Business Development based in iDeals™ Moscow office, welcomed the announcement, “iDeals™ Viewer 1.0 makes it easier for corporate and banking clients to adopt iDeals™ VDR since there is now no need to install additional software or plug-ins. It just works.”