Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact Us
Customer Login
 


Headlines
 

07/31 10:06   LPR militia register three ceasefire breaches by Ukrainian military in past 24 hours
 
07/31 10:04   RUSSIAN STOCK MARKET OPENS WITH 0.4%-1.1% DROP FOR MICEX, RTS INDEXES FOLLOWING OIL
 
07/31 10:03   DOLLAR UP 30 KOPECKS TO 60.05 RUBLES, RUBLE DOWN AGAINST BICURRENCY BASKET
 
07/31 09:58   Expansion of U.S. sanctions list should reduce possibility of avoiding sanctions - U.S. diplomat
 
07/31 09:55   Banks have 1091.6 bln rbs on CBR correspondent accounts on July 31
 
07/31 09:51   Rostec might take stake in troubled Rusnano - NEVZ venture
 
07/31 09:51   DPR, LPR suggest that Contact Group on Ukraine meet all next week to speed up peace process
 
07/31 09:46   Russia is developing technical devices capable of neutralizing any missile defense system - Russian Defense Ministry
 
07/31 09:41   Ak Bars Bank ups Eurobond offering to $350 mln - source
 
07/31 09:32   Regulator okays Prokhorov's deal with RBC for compliance with new media law
 




 

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:

July 31, 2015
 
10:06
 
10:04
RUSSIAN STOCK MARKET OPENS WITH 0.4%-1.1% DROP FOR MICEX, RTS INDEXES FOLLOWING OIL
 
10:03
DOLLAR UP 30 KOPECKS TO 60.05 RUBLES, RUBLE DOWN AGAINST BICURRENCY BASKET
 
09:58
Expansion of U.S. sanctions list should reduce possibility of avoiding sanctions - U.S. diplomat
 
09:55
Banks have 1091.6 bln rbs on CBR correspondent accounts on July 31
 
09:51
Rostec might take stake in troubled Rusnano - NEVZ venture
 
09:51
DPR, LPR suggest that Contact Group on Ukraine meet all next week to speed up peace process
 
09:46
Russia is developing technical devices capable of neutralizing any missile defense system - Russian Defense Ministry
 
09:41
Ak Bars Bank ups Eurobond offering to $350 mln - source
 
09:32
Regulator okays Prokhorov's deal with RBC for compliance with new media law
 
09:31
Intensity of reconnaissance flights near Russian borders has increased dramatically -Defense Ministry
 
09:30
Rosatom gives Rusatom Overseas 52 bln rubles for projects in Finland, Turkey, Jordan
 
09:26
 
09:24
TransContainer CEO stays on strategy committee after leaving board
 
 more headlines 



Interviews
 

.
North Korean Ambassador to Russia Kim Hyun Joon has given an interview to Interfax in which he speaks about differences between the Korean Peninsula nuclear problem and the Iranian nuclear dossier, states Pyongyang‘s readiness to bolster its nuclear potential in response to U.S. actions and calls on Washington not to hold joint exercises with South Korea.

more
.
.
OSCE Parliamentary Assembly Director of Communications Richard Solash has given an interview to Interfax in which he speaks about how the ban for Russian State Duma speaker Sergei Naryshkin to enter Finland for the summer session of the OSCE Parliamentary Assembly may impact the session and what this Finland‘s decision may lead to in current conditions.

more
.
.
Head of Operations for Europe and Central Asia of the International Committee of the Red Cross Laurent Corbaz has given an interview with Interfax in which he speaks about the activity of the ICRC in eastern Ukraine and problems that ICRC officials face there, as well as interaction with Russian authorities on humanitarian aid and situation with Ukrainian refugees.

more

 
  
 ©   1991—2015   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