Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Alisher Usmanov

Alfa Group and TeliaSonera End Dispute, Pool Telecom Holdings

Posted Wed, 18/11/2009 - 11:35

Bitter telecom rivals Alfa Group and TeliaSonera have agreed to set aside legal wrangling and combine their holdings in Megafon and Turkcell respectively. The merger would create a new joint-venture company worth more than USD 30 billion which would eventually be listed on the New York Stock Exchange. If the deal proves successful the new company will be operated on an equal partnership basis. Standing in the way of the deal is Alisher Usmanov, the Russian billionaire and Megafon's third shareholder who opposes the venture.

Digital Sky Technology Raises Possibilty of Future IPO

Posted Fri, 12/06/2009 - 10:38

Yuri Milner, founding partner and CEO of Digital Sky Technologies (DST), has recently put forth the possibility of his company offering an IPO within the next three years. Specific dates have not been mentioned since market conditions will play a big role in the decision when the time comes. The company was recently valued at roughly $1 billion when Russia's Alisher Usmanov purchased a 2% share of DST from Renaissance Partners.

Alisher Usmanov Acquires DST Shares From Renaissance Partners

Posted Fri, 29/05/2009 - 10:05

Russian billionaire Alisher Usmanov has increased his stake in Digital Sky Technologies (DST), through a purchase of half of Renaissance Partners' 4% stake. Renaissance Partners, part of the international investment firm Renaissance Group, has been a shareholder in DST since 2007. Details of the purchase have not been released. The purchase increases Usmanov's stake from 30% to 32%.