IFC Bank has been showing a loss for five consecutive years.
Why did billionaire Mikhail Prokhorov sell his basketball business and what projects are he interested in now?
Billionaire Mikhail Prokhorov may sell his stake in the NYCB Live Stadium, the New York Post learned. Elvis Presley, Elton John and Queen performed in the arena, and in recent years she has been home to the New York Islanders hockey team.
The billionaire sold 15.6% of the Obuv Rossii company, the cost of such a package on the exchange is nearly 1 billion rubles.
With CHTZ-Uraltrak, funds were recovered under a leasing agreement.
How Mikhail Prokhorov managed ONEKSIM through offshore and did not pay taxes.
The last 5 billion rubles he invested in 2017, and the company was able to get out of the losses.
The power company can buy TGK-2.
The company did not build steam-gas power units in time at the Aleksinskaya CHPP in the Tula region and at Voronezhskaya CHPP-1. "Quadra" asks to postpone the penalties for this.
A professional oligarch bought out a share of toxic Vekselberg in an IFC bank.
The businessman filed a lawsuit against Alexei Navalny for 1 ruble. He demands that he refute information about the purchase of an Italian villa by former Prime Minister of the Russian Federation Alexander Khloponin for him as a bribe to an official.
Mikhail Prokhorov will sue for libel against FBK Alexei Navalny, RBC's representative ONEKSIM said. The suit is connected with the investigation of the fund, which referred to the purchase of Prokhorov villa Khloponin in Italy.
Belonging to billionaire Mikhail Prokhorov, the offshore bought the Italian villa of vice-premier Alexander Khloponin.
The businessman sold a 49% stake in the Brooklin Nets club to Canadian-Taiwanese businessman Joseph Tsai.
Mikhail Prokhorov completed the deal to sell 49% in the club of the National Basketball Association "Brooklyn Nets" co-founder of Alibaba Group.
The US authorities questioned about at least two Russian oligarchs interfering in the American elections. According to Flightradar, in March, planes of Roman Abramovich, Viktor Vekselberg and Mikhail Prokhorov were boarding in New York.
The list of richest people in Russia, according to Forbes magazine, was replaced by the leader. He became the owner of a controlling stake in the Novolipetsk Metallurgical Combine (NLMK) Vladimir Lisin. His state of the publication was estimated at 19.1 billion dollars.
ONEXIM Mikhail Prokhorov will sell a 6% stake in UC Rusal to a consortium of Zonoville Investments Limited, controlled by Viktor Vekselberg and Leonard Blavatnik.
Thirteen Russian knights of the Order of the Legion of Honor spoke in support of Senator Suleiman Kerimov, who in France is accused of tax evasion and money laundering.
The tallest Russian oligarch (204 centimeters) withdraws to cash from all his projects. NBA club Brooklyn Nets is no exception: the share of Mikhail Prokhorov is smaller than the Alibaba Group founder's Joseph Tsai.
The oligarchs sold a 3% stake in Rusal which could complicate the IPO of Deripaska's En+ in December.
The deal was conducted with a discount of 7.5% from the market price of these securities.
The owner of Onexim Group will no longer be able to conduct business in Russia, and no one will be let the "genius businessman" earn in the West.
After the sale of assets, most of the projects of the businessman are in the United States.
Mikhail Prokhorov may abandon the ranks of the company's shareholders by November.
Perhaps now they will seek to sell the blocking stake in Norilsk Nickel.
The businessman sold 7% of Rusal to Viktor Vekselberg.
The money Mikhail Prokhorov received from the sale of assets, has not been invested in other projects so far, which means that most of his fortune is now in cash. Forbes estimated how much cash the Russian billionaire has accumulated.