Moscow Times 21 May 2013
Russian cell phone retailer Svyaznoi plans to attract $200 million in a private placement organized by Sberbank CIB with businessman Leonard Blavatnik believed to be interested, a news report said Monday, citing a source close to the company’s founder Maxim Nogotkov.
The deal between Nogotkov and an investor, whose name has not been disclosed, had entered an active phase, a bank official told Vedomosti.
The newspaper says business structures controlled by Blavatnik are interested in making an offer, the report said.
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Svyaznoi Mulls $200M Private Placement
