Bilalov Sells Olympic Firm

Bilalov Sells Olympic Firm

The Moscow Times 22 March 2013 Magomed Bilalov has closed a deal to sell about 41 percent in Olympic construction company Krasnaya Polyana to companies belonging to tycoon Mikhail Gutseriyev. “Magomed Bilalov has sold his stake to Gutseriyev’s companies....
Udokan Offer Made

Udokan Offer Made

Moscow Times 1 March 2013 Alisher Usmanov’s iron ore and steel group Metalloinvest and Russian Technologies have offered the Udokan copper deposit to mining giant Norilsk Nickel in exchange for 4 percent of the latter’s stock, Russian Technologies CEO...
Moscow Exchange IPO Yields $500Bln

Moscow Exchange IPO Yields $500Bln

The Moscow Exchange began trading of its own shares Friday in a successful conclusion to the largest initial public offering carried out solely in Russia. The bourse sold 15 billion rubles ($500 million) worth of shares for 55 rubles each, the lower end of the...