Please install Adobe Flash Player.

Consulting services

  • Market entry strategy
  • Business plan development
  • Strategy audit
  • Competitive intelligence
  • Product evaluation
  • Due diligence
  • Distributor / agent search

Research services

  • Market studies analysis / sizing and trends
  • Customer service / satisfaction surveys
  • Competitive positioning intelligence
  • Brand tracking
  • Advertising effectiveness research
  • Pricing research

Customers

  • National operators
  • International operators
  • Telecom vendors
  • Incumbents
  • New entrants
  • Governments

United Capital Partners may increase stake in Russia’s Vkontakte

PDFPrintE-mail

MOSCOW, Apr 18 (PRIME) -- Investment fund United Capital Partners (UCP) controlled by Ilya Shcherbovich does not rule out the possibility of increasing its stake in Russian social networking Web site Vkontakte, the fund’s partner Viktoria Lazareva told PRIME Thursday.

“We do not have any immediate plans, but we do not rule out such a possibility in the future if other shareholders will be ready to sell their stakes,” Lazareva said.

Late on Wednesday, the fund said it had closed a deal to buy a 48% stake in Vkontakte from the co-founders Vyacheslav Mirilashvily and Lev Leviyev. The price of the deal has not been disclosed.

Before the deal, Mirilashvily and his family held a 40% stake in Vkontakte and Leviyev owned an 8% stake.

UCP has long been in talks on the purchase of the aforementioned stakes on behalf of a group of partners, Lazareva said without elaborating.

Major Russian Internet company Mail.ru Group, which had a 39.99% stake in Vkontakte, and the social network’s founder and CEO Pavel Durov owning a 12% stake had a preemptive right to buy the stakes of Mirilashvily and Leviyev.

However, Vkontakte spokesman Georgy Lobushkin told RIA Novosti that the Web site’s management including Durov was not aware of the changes in Vkontakte’s shareholder structure.

A market source said that Vkontakte’s key shareholder Mail.ru Group did not receive an offer to increase its stake in the company.

Holding company USM Advisors, which manages Internet assets belonging to tycoon Alisher Usmanov, the owner of a majority stake in Mail.ru Group, declined to comment on the deal saying it has no information about the matter.

Gleb Davidyuk, managing partner of investment fund iTech Capital said that the 48% stake in Vkontakte could be evaluated at about U.S. $1 billion, and UCP hardly has such a sum. Davidyuk suggested that the stake was sold for a marginal price, or UCP bought the stake for a third-party company and used its funds to finance the deal.

Latest News

23 December 2016

MegaFon to buy Mail.ru stake for $740 million from Usmanov

MOSCOW, Dec 23 (Bloomberg) Alisher Usmanov and his partners are set to pocket $740 million from moving a stake in internet company Mail.ru Group Ltd. to MegaFon PJSC, as the Russian billionaire consolidates...
Read more...
20 December 2016

Deloitte says 7% Russian cell clients change operators in H1

MOSCOW, Dec 20 (PRIME) -- About 7% of Russian mobile subscribers changed their operators in January–June as compared to 4–5% of users who switched to other operators within six months in several...
Read more...
06 October 2016

MegaFon creates VKmobile

Mobile telecommunications carrier MegaFon has plans to register the trademark VKmobile depicted in the form of a SIM card in the social network Vkontakte signature blue color. It is reported by Life.ru....
Read more...
06 September 2016

Russia’s VimpelCom CEO Slobodin quits, Johnsen new CEO

MOSCOW, Sep 6 (Bloomberg) – VimpelCom Ltd.’s head of Russia has resigned after local authorities said he was wanted for questioning in connection with a corruption probe at his former employer....
Read more...
Joomla Templates and Joomla Extensions by JoomlaVision.Com