RUSNANO Acquires 25% of Plastic Logic for USD 150m
Plastic Logic, a U.S.-based electronics technology company, announced an investment deal in November 2010 which would give the Russian Corporation of Nanotechnologies (RUSNANO) a 25% stake in the company. The value of RUSNANO's investment was recently revealed to be USD 150 million. Further details of the deal indicate that RUSNANO will also help Plastic Logic secure USD 100 million in debt financing.
Go to Invest IQ to read more. Invest IQ provides up-to-date private equity information and mergers & acquisitions news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.
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