Apr 28, 2012 | News
Moscow Times 28 April 2012 Freight firm Globaltrans Investment is buying the railcar unit of iron-ore miner Metalloinvest for $540 million, boosting its fleet to about 60,000 units, it said Friday, as it forecast more consolidation for the sector. As part of the deal,...
Apr 24, 2012 | News
East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...
Apr 12, 2012 | News
Bloomberg via Moscow Times 12 April 2012 HELSINKI — TeliaSonera, Sweden’s biggest phone company, said it’s negotiating with investment partners Altimo and AF Telecom on the future of MegaFon, Russia’s second-largest mobile operator. “The three...
Apr 10, 2012 | News
Reuters via Moscow Times 10 April 2012 Russian billionaire Alisher Usmanov may trade a part of his stake in the country’s No.2 mobile phone operator MegaFon for control in next-generation telecoms provider Yota, business daily Vedomosti reported on Tuesday. The...