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.

Rambler

Troika Dialog Files Notification to Acquire Additional Rambler Shares

Posted Thu, 14/01/2010 - 22:24

Just days before being de-listed from London's AIM, Russian media giant Rambler Media received a shareholder notification from Moscow-based Troika Dialog. The notification states Troika's interest in acquiring 466,683 ordinary shares in Rambler, on top of what was purchased a week earlier. The shares represent just over 3% of Rambler's issued ordinary share capital and will be sold for USD 0.01 per share.

April IPO Planned for ProfMedia

Posted Thu, 07/01/2010 - 15:18 by Invest-IQ Team

Russian media giant ProfMedia announced in November of last year its plans to de-list Rambler Media from the London Stock Exchange's Alternative Investment Market. Now the company is looking to offer up to 40% of its own stock in a London IPO set for April of this year. The offering, which could potentially raise USD 800 million to USD 1 billion, would increase the value of ProfMedia to nearly USD 2.5 billion.

eHouse Buys Back Damochka.ru and BannerBank From Rambler

Posted Tue, 10/11/2009 - 12:03

eHouse Holding, the Russian online retailing giant, has acquired two internet properties in a buy-back from Rambler Media. eHouse originally sold a 51% in Paintium, which operated the two properties, to Rambler for $3.3 million in mid 2006. Despite the high price tag, Rambler Media never manged to integrate Damochka.ru and BannerBank into its operations and decided to sell them back for $200,000. eHouse plans to get Damochka.ru up and running again as an online shopping club.

Rambler Partners With Plastic Media - Includes Sale of SMX Com

Posted Fri, 03/04/2009 - 00:00

Russian internet provider Rambler Media Ltd., has sold its VAS business, SMX Communications, to Plastic Media. As part of the deal, Plastic Media will partner with Rambler to provide its customers continuing value-added services. The sale is part of Rambler's overall strategy of maximizing its Russian language internet services, which make up the bulk of the company's revenue.