Annual Forum IPO & SPO 2010 in Russia

Annual Forum "IPO & SPO-2010" - is Russia's largest conference dedicated to the problems and prospects of the organization of the primary public offerings of Russian companies, will be held on September 23 in Moscow, said in a press release.  The forum organizers are the Institute of Financial Markets (IRFR). 

"Forum  "IPO & SPO-2010" will take place against a background of growing Russian market IPO, and will continue to dialogue on issues of raising capital in Russia and abroad on a qualitatively new level. Event participants will have the opportunity to obtain information on the further development of the IPO market regulators, representatives of Russian and foreign exchanges, financial advisors and issuers themselves ", - the report said. 

The forum will also provide an overview of new financial products and instruments offered by Russian issuers. It will focus on new services intended to promote the IPO of  companies with an average capitalization (mid-caps). 

"Among the delegates and speakers of the Forum "IPO & SPO-2010" are representatives of CBR, Federal Financial Markets Service, the Ministry of Finance, the Ministry of Economic Development, FAS, as well as the largest issuers, banks, underwriters, and the organizers of IPOs, legal and consulting firms, rating agencies, investment companies and exchanges ", - stated in a press release.

Russia Allows Oracle to Buy Sun Microsystems

Federal Antimonopoly Service (FAS) of Russia allowed the software vendor Oracle buy Sun Microsystems in the transaction, whose value reaches up to $ 7 billion, the regulator said on Friday. 

"FAS of Russia considered the request of the company ... and, has decided to grant this request," - said in a statement.FAS said that gives permission provided that Oracle will continue to develop MySQL database of Sun.

China may try to block the deal.  

In January 2010 Oracle acquired the permission of the European Union to buy Sun. Merging the two companies reformats the market of high technologies, allowing the second-largest producer of software in the world  to enter the sector of computer equipment. 

Sun is the biggest player in the $ 17-billion market of high-performance servers, where it competes with IBM and Hewlett-Packard Co.

In December, Oracle officially promised to consider the interests of users in the development of free database management system MySQL, increase investment in their development and create an independent board of visitors of MySQL.

Nat Lawyer
Unel Legal Consulting