Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

04/29 12:57   Sub under disposal in Vilyuchinsk caught fire when being disassembled, no nuclear reactor, weapons on board - Russian Defense Ministry (Part 3)
 
04/29 12:51   DPR leader's press service confirms plans to stage assassination attempt on Zakharcheko thwarted
 
04/29 12:49   Russian economy may avoid contraction in 2016 - Econ Ministry
 
04/29 12:45   Kremlin says Russia open to cooperation with U.S. to overcome crisis at intra-Syrian talks (Part 2)
 
04/29 12:45   Polish ambassador expected in Russian Foreign Ministry over Warsaw's refusal to allow May 9 motorbike race participants to enter Poland - source
 
04/29 12:44   SPECIAL STATE PROGRAM 'RUSSIAN NATIONAL GUARD' TO BE DEVELOPED - RUSSIAN GUARD
 
04/29 12:43   PLANS FOR JOINT USE OF NATIONAL GUARD TROOPS WITH OTHER RUSSIAN SECURITY STRUCTURES TO BE DETERMINED BEFORE END OF YEAR - RUSSIAN GUARD
 
04/29 12:40   CENTRAL BANK OF RUSSIA RUBLE EXCHANGE RATES FROM 30.04.2016
 
04/29 12:37   CB to quote ruble at 64.3334 rubles/$1 and 73.3015 rubles/EUR1 on April 30
 
04/29 12:37   Minsk agreements as regards Donbas elections should be implemented without ay interpretations - Peskov (Part 2)
 




 

Interfax.com  |  Interfax news  |  UCP closes deal to buy 48% of Vkontakte from...


News headlines


April 17, 2013 19:57

UCP closes deal to buy 48% of Vkontakte from Mirilashvili, Leviev (Part 3)

MOSCOW. April 17 (Interfax) - United Capital Partners (UCP), an investment fund controlled by Ilya Scherbovich, has bought 48% of the social networking site Vkontakte from its co-founder Vyacheslav Mirilashvili and CFO Lev Leviev, UCP told Interfax.

The Mirilashvili family owned around 40% and Leviev 8% of Vkontakte.

The cost of the deal was nit disclosed.

The networking site's owners valued the site ay $2.75 billion in the context of negotiations with Mail.ru. Analysts valued Vkontakte at $2 billion.

On that basis the purchase of the 48% could have set UCP back $0.96 billion-$1.32 billion.

Mirilashvili and Leviev will have to make an offer to current shareholders before selling their stakes in Vkontakte. A source close to the network's shareholders told Interfax that an offer had not yet been made.

Mail.ru Group owns 39.9% of Vkontakte. (Alisher Usmanov's USM Holdings owns 17.9% issued shares and 58.1% voting shares in Mail.ru.) The head of Vkontakte, Pavel Durov, owns 12%. Mirilashvili and Leviev own the rest of the social networking site.

Mail.ru, then USM expressed an interest in increasing their stake in Vkontakte, but the sides could not agree on a price.

USM Advisors told Interfax that Mirilashvili and Leviev had not made an offer to buy the company out, USM declined further comment. "We don't comment on the sale of other people's property," it said.

The head of USM Advisors, Vladimir Streshinsky, said UCP did not act on behalf of USM. He said USM was still interested in acquiring a stake in Vkontakte. Asked whether USM was currently in talks, he said: "No."

USM Group placed 7.4% of Mail.ru Group's shares in February and raised $532 million. Analysts said at the time that the group probably needed cash to buy shares in Vkontakte. USM officially said only that the purpose of the sale was to return some of the investment in Mail.ru.

Vkontakte is Russia's biggest networking site with more than 42 million active users. LLC V Kontakte is wholly owned by Cyprus-based VK.Com Holdings Ltd., according to the SPARK-Interfax database. Its revenue to Russian Accounting Standards (RAS) grew 41.7% in 2011 to 3.29 billion rubles and net profit 13.9% to 516.5 million rubles.

Pr aa

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

April 29, 2016
 
12:49
Russian economy may avoid contraction in 2016 - Econ Ministry
 
12:45
Kremlin says Russia open to cooperation with U.S. to overcome crisis at intra-Syrian talks (Part 2)
 
12:45
Polish ambassador expected in Russian Foreign Ministry over Warsaw's refusal to allow May 9 motorbike race participants to enter Poland - source
 
12:44
SPECIAL STATE PROGRAM 'RUSSIAN NATIONAL GUARD' TO BE DEVELOPED - RUSSIAN GUARD
 
12:43
PLANS FOR JOINT USE OF NATIONAL GUARD TROOPS WITH OTHER RUSSIAN SECURITY STRUCTURES TO BE DETERMINED BEFORE END OF YEAR - RUSSIAN GUARD
 
12:40
CENTRAL BANK OF RUSSIA RUBLE EXCHANGE RATES FROM 30.04.2016
 
12:37
CB to quote ruble at 64.3334 rubles/$1 and 73.3015 rubles/EUR1 on April 30
 
12:37
Minsk agreements as regards Donbas elections should be implemented without ay interpretations - Peskov (Part 2)
 
12:37
Subgroup on security of contact group on Ukraine meets in Minsk
 
12:36
Rusal aluminum production slips 0.5% in Q1, but sales up 9% (Part 2)
 
12:36
 
12:34
POLISH AMBASSADOR TO RUSSIA SUMMONED TO RUSSIAN FOREIGN MINISTRY OVER WARSAW'S REFUSAL TO ALLOW MAY 9 MOTORBIKE RACE PARTICIPANTS TO ENTER POLAND - FOREIGN MINISTRY SOURCE
 
12:27
Moscow interbank bid & offered rate
 
12:20
Minsk agreements as regards Donbas elections should be implemented without ay interpretations - Peskov
 
 more headlines 



Interviews
 

.
Newly appointed British Ambassador to Russia Laurie Bristow has given an interview to Interfax in which he speaks with about the current situation in British-Russian relations in the political, economic and cultural spheres, about London‘s position on the crises in Syria and Ukraine and shares his opinion on the Yury Gagarin flight.

more
.
.
World Jewish Congress President Ronald Lauder has given an interview to Interfax in which he speaks about issues that he discussed at a meeting with Russian President Vladimir Putin, about how the inflow of immigrants has influenced the situation with anti-Semitism in Europe and about attempts to rewrite the WW II history.

more
.
.
Greek Ambassador to Russia Danai-Magdalini Koumanakou has given an interview to Interfax in which she speaks about prospects for cancelling EU sanctions against Russia, Athens‘s position of the South Stream project, the EU-Turkey agreement on refugees and her expectations from the upcoming tourist season and Russia-Greece Cross Year.

more

 
  
 ©   1991—2016   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100