O1 IPO on the Way

Reuters via Moscow Times 19 April 2012 Real estate investment company O1 Properties on Wednesday announced its intention to float on the London Stock Exchange and aims to raise at least $400 million, two market sources said. Sources close to the company told Reuters...

Alfa Group Buys Into Opin

Moscow Times 17 Apr 2012 Alfa Group became a minority owner of the Opin development company controlled by Mikhail Prokhorov’s Onexim Group when Alfa Capital Holdings acquired the 10.74 percent stake of NKB Investments, an affiliate of UralSib, Vedomosti...

FAS approves Rosneft purchase of 51% of Itera

FinancePlus by Charles Borden 12 April 2012 RIA Novosti reports that Russia’s Federal Anti-monopoly Service (FAS) has approved a petition by Russian oil company Rosneft to buy 51% of Itera. In February, Rosneft and Itera inked a strategic cooperation agreement...