Renaissance Credit gears up for IPO

Onexim has completed the purchase of Renaissance Capital, an investment bank focusing on Russia and Eastern Europe. Back in November 2012, Onexim, a privately-held investment company with a large portfolio of investments in Russia, announced it ...

Reuters reported that Russian billionaire Mr Mikhail Prokhorov's Onexim group is considering buying the debt of aluminium giant RUSAL to increase its influence over strategy or may sell out completely. Onexim, which has a 17% stake in the world's ...

Russian stocks rose for a second day, erasing earlier declines, amid bets the European Central Bank will cut interest rates to fuel growth in the country's biggest trade partner. OAO Sberbank, the nation's biggest lender, advanced. The Micex Index ...

Russian investment banks controlled by the government of President Vladimir Putin are squeezing out foreign competitors, helped by a bailout of the country's richest men five years ago. OAO Sberbank, the nation's biggest lender, and VTB Group have ...

Ogier recently acted for Onexim Holdings Limited (Onexim), a private investment fund on a corporate finance transaction valued at US$3.6 billion involving the disposal by Onexim of its 38% stake in Polyus Gold International Limited (Polyus Gold).

Maxim Finsky, President of Intergeo MMC (part of ONEXIM Group), sold his 49.5% share in the authorized capital of White Tiger Gold established on the basis of Daltsvetmet Management Company, the Kommersant reported. M. Finsky sold 238.7 million ...

MOSCOW (AFP) - The head of the French banking giant Societe Generale's Russian unit was Thursday facing up to seven years in prison after investigators charged him with soliciting a $1.5-million bribe from a businessman.The detention of Rosbank ...

May 15 (Reuters) - (The following statement was released by the rating agency)Fitch Ratings has assigned Renaissance Consumer Funding Limited's upcoming issue of limited recourse loan participation notes, with final maturity in June 2018 an expected ...

(M&A Navigator via COMTEX News Network) -- The following is a list of deals covered in detail by M&A Navigator this week: - MFRI AGREES TO DIVEST THERMAL CARE TO IPEG US MFRI Inc (NASDAQ:MFRI) said it had signed a final deal to sell industrial ...