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Sanoma sells stake in Vedomosti newspaper

According to RBC, Sanoma and its Russian representative office, Sanoma Independent Media, initiated the sale of a third of the company that currently owns the Vedomosti business newspaper. In addition to Sanoma, the newspaper is owned by FT Group (owner of Financial Times) and Dow Jones & Co (owner of The Wall Street Journal).

According to a source close to Sanoma, the company representing the interests of Demyan Kudryavtsev, the former director of the Kommersant Publishing House, Vladimir Voronov, and the former top manager of News Corp., US citizen Martin Pompadour, has already filed a paper to buy Vedomosti’s share in Citibank, which accepts applications.

According to the shareholder agreement, when selling any of the current owner’s shares in Vedomosti, the seller is obliged to offer priority redemption to other current shareholders, according to the source, WSJ and FT do not intend to use the right of priority redemption of shares.
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Officially, almost all participants in the transaction declined to comment; unofficially, the cost of Sanoma’s share in Vedomosti is estimated at $ 8 million.

Demyan Kudryavtsev worked as a director of the publishing house Kommersant from 2006 to 2012, from 2014 he was the founder of the agency Yasno.Communications. Vladimir Voronov worked for News Corp., in particular, he managed Nashe Radio, Ultra and Best FM radio stations. Martin Pompadour was chairman of the board of directors for the entire European division of News Corporation from 2000 to 2008, currently a member of the board of directors of Canadian IMAX Corp.

Source: https://habr.com/ru/post/285716/


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