Source Pravda.Ru

Vladimir Gusinsky to sell a 25% stake in the NTV to foreign companies

Russia

Russian media tycoon Vladimir Gusinsky intends to revive the scheme to sell a 25% stake in the NTV television company to U.S. and European companies, a source close to the deal has reported. The new proposal is being prepared with the help of Deutsche Bank and should be ready in January, Itar-Tass reports. The source has also said that Gusinsky’s representatives are currently negotiating with large European and U.S. companies in New York City, but the names of prospective partners have not been disclosed.