Breaking: Onexim to Acquire RBC, Russia’s Leading Internet and Business Media
August 10th, 2009 | by rarzi |
The in isolation investment car of Russian billionaire Mikhail Prokhorov, Onexim Group has concluded to take the 51 percent seductiveness in RBC for $80 million, around an emanate of latest shares. The understanding was concluded with the initial shareholders as good as tip managers of RBC, German Kaplun, Alexander Morgulchik as good as Dmitry Belik, voiced the group. The execution of the understanding will be the theme to capitulation by creditors of RBC, that will be offering to primarily get paid behind $44 million or twenty percent of RBC debts of $220 million.
RBC reported revenues of $109 million with EBITDA domain of 30% in the initial half of 2008. As the outcome of the deal, Onexim would embrace the infancy in RBC’s Board of Directors, whilst stream tip managers will go on handling the RBC operations, theme to the latest commercial operation plan.
RBC broadcasts commercial operation headlines channel RBC TV as good as publishes commercial operation every day journal RBC Daily. In Internet, RBC publishes commercial operation headlines portal RBC.ru with over 6 million monthly visitors, hi-tech headlines site CNews.ru, automobile headlines site Autonews.ru, monetary headlines site Quote.ru, etc.
RBC also operates some-more than fifteen ubiquitous seductiveness Internet resources as good as services, together with present messaging use QIP.ru, video pity use Smotri.com, email use Pochta.ru, dating use Loveplanet.ru, headlines assembly use Readme.ru, print pity use Photofile.ru, online every day journal Utro.ru, blogging use Fishki.net as good as amicable network for young kids Tvidi.ru.
RBC additionally owns 20% share of Russian web hosting market as good as operates domain name registration services. RBC owns Internet remuneration complement RBC Money, online gaming as good as selling investigate store.
In 2008, Onexim acquired nano-technology association OptoGaN.
Source : http://feedproxy.google.com/~r/quintura/comblog/~3/mtqidC71Fl0/
