NEWSWATCH: “Prokhorov’s Onexim says not selling all Russian assets” – Reuters

Onexim Group, owned by tycoon Mikhail Prokhorov, said on Monday a newspaper report suggesting it had decided to sell all its assets in Russia was inaccurate. * * * On Monday, Vedomosti newspaper had reported that Prokhorov was searching for buyers of all his assets in Russia, quoting multiple unnamed sources.

Onexim owns stakes in aluminium giant Rusal, potash producer Uralkali and power generator Quadra . It also has financial assets Renaissance Credit, Renaissance Capital, IFC Bank and insurance firm Soglasie.

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