NEWS & EVENTS: Breaking News
30.06.2009 10:02
June 30. Business entities of Russia’s largest businessman Mikhail Prokhorov are prepared to revise its takeover offer for RBC media holding facing financial problems, RBC CEO Yury Rovensky said. He will start work for Prokhorov effective July 1. According to Rovensky, representatives of Prokhorov’s Onexim Group which offered USD 35 mn for RBC are prepared to revise the numbers in a takeover offer for the media holding’s shares. Earlier, Onexim’s offer was not accepted immediately, since creditors viewed it as insufficiently generous. “The likelihood of implementation of the model offered y Onexim is quite strong”, Rovensky told journalists on Monday adding that RBC’s debt stands at USD 220 mn. Rovensky went on to say that he is leaving RBC to become Prokhorov’s advisor at Onexim.
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