Russian tycoon Prokhorov completes sale of RBC media - statement

Reuters  |  MOSCOW 

MOSCOW (Reuters) - Russian tycoon Mikhail Prokhorov has completed the sale of his RBC media holding to a fellow businessman, Grigory Berezkin, Berezkin's ESN group said in a statement on Friday.

It said that ESN has bought 65 percent of RBC shares and its outstanding debt from Prokhorov's holding company, Onexim.

Financials details have not been disclosed.

(Reporting by Anastasia Lyrchikova; writing by Vladimir Soldatkin; Editing by Christian Lowe)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Russian tycoon Prokhorov completes sale of RBC media - statement

MOSCOW (Reuters) - Russian tycoon Mikhail Prokhorov has completed the sale of his RBC media holding to a fellow businessman, Grigory Berezkin, Berezkin's ESN group said in a statement on Friday.

MOSCOW (Reuters) - Russian tycoon Mikhail Prokhorov has completed the sale of his RBC media holding to a fellow businessman, Grigory Berezkin, Berezkin's ESN group said in a statement on Friday.

It said that ESN has bought 65 percent of RBC shares and its outstanding debt from Prokhorov's holding company, Onexim.

Financials details have not been disclosed.

(Reporting by Anastasia Lyrchikova; writing by Vladimir Soldatkin; Editing by Christian Lowe)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22