Friday, April 10, 2009

Vladimir Potanin came into the fight for RBC.

Holding Company Interros Russian billionaire Vladimir Potanin became a candidate for a part of RBC, offering its owners plan to restructure the debts. About this newspaper "Vedomosti", with reference to four of their source of creditors of RBC. Previously, his plan of salvation presented RBC former partner Vladimir Potanin, Mikhail Prokhorov.
According to Vedomosti, Interros is willing to repurchase additional shares of RBC at 90 million dollars. This is significantly higher than the capitalization of the company on Russian exchanges. In addition, the structure of Vladimir Potanin are prepared to pay creditors 41 percent of the debt, which is estimated Interros in 220 million dollars. Another 36 percent is proposed to write off the debt, while 23 per cent - to produce three-and five-year bonds.
The application "Oneksima" filed in conjunction with Renaissance Capital, said that the company Mikhail Prokhorov are ready to buy a 65 percent increase is four times the authorized capital of RBC for 35 million dollars. Debts to be paid only eight per cent, while the rest either to cancel or roll over.
Recall that Vladimir Potanin and Mikhail Prokhorov owned by a number of companies on an equal footing, but in early 2007 started a section of assets. This process lasted over a year, because the parties could not agree on how to divide the major assets, in particular, the company Norilsk Nickel.
Vladimir Potanin owns the media "Prof-Media, which owns a number of television channels (eg, 2x2 and the Russian MTV), radio (" Autoradio "," YumorFM "), the publishing house" Bill "and the internet company Rambler. Vedomosti notes that the audience "Prof-Media" virtually no overlap with the business editions of RBC.
In April 2008, it was reported that Mikhail Prokhorov is ready to invest in projects of "media ZHV!" $ 150 million. The first of these projects was a Snob, combining the monthly magazine, web portal and TV channel.
Company RBC has been in a difficult financial situation because of the crisis. Vedomosti also note that the RBC has suffered significant losses from operations in the stock market. The main shareholders are the German Kaplun, Alexander and Dmitry Belik Morgulchik (19.85 per cent stake) and Unicredit Securities (about 17 per cent) and CC Rosbank (about 11 per cent).

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