| Name |
Annotation |
| Facts |
The international investment group, PPF Investments (a private equity group), or more specifically, part of it, PPF Beta Ltd. became an important shareholder of Ingosstrakh with an aggregate interest of 38.46% through its subsidiaries in Russia and the Cyprus-based Durbe Limited in 2007. |
| How to get a 90% stake in Ingosstrakh, and easily |
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| PPF Investments and Ingosstrakh |
Background & Milestones of the transaction and further development |
| PPF Investments ≠ PPF Group |
PPF Investments and PPF Group are not identical. |
| Recapitulation on the acquisition of PPF Investments’ minority interest in the Ingosstrakh insurance company |
Mr Mamut contacted us about the possibility of the acquisition of the respective interest in the Ingosstrach insurer in the spring of 2006 after he had decided to sell his interest and did not agree with the majority shareholder on its purchase. This means that Bazovyi element (“Bazel“) had an opportunity to acquire the interest but did not do so. |
