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.

OSG Records Management

Aurora Russia Exercises Option to Increase Stake in OSG Records

Posted Mon, 01/02/2010 - 12:11

Aurora Russia has announced an agreement to increase its stake in OSG Records Management Group through conversion of a USD 1 million loan issued in March, 2009. In executing the option to convert the loan to ordinary OSG shares, Aurora will acquire existing shares from OSG as well as new shares to be issued. The total value of the transaction is £12.4 million; £8 million for existing shares, £3.2 million for new shares, and £1.2 million payable in cash to OSG.

OSG Records Boosted by USD 1 Million Loan From Aurora

Posted Tue, 24/03/2009 - 01:00

Russian-focused investment firm Aurora Russia Limited has increased its investment in OSG Records Management Group through a convertible loan worth USD 1 million.