Alexander Zanadvorov

Russia Equity Movers: Rusal, Rosneft, Lukoil, Seventh Continent

The 30-stock Micex index climbed 2 percent to 1,476.88 at the 6:45 p.m. close in Moscow, the highest closing level since Dec. 5. The dollar-denominated RTS index rose 2.8 percent to 1,469.76.

Seventh Continent Sinks Most Since 2009 After Buyback Reports

OAO Seventh Continent, a Russian food retailer, dropped the most in almost three years after Kommersant reported the company may offer to buy out minority shareholders at a price below market levels.

Seventh Continent Climbs to Week High as Owner Buys Mosmart

OAO Seventh Continent advanced to its highest in a week after Alexander Zanadvorov , the Russian supermarket chain’s owner, bought retailer Mosmart from OAO Sberbank.

Seventh Continent Owner Buys Out Partner for $400 Million, Vedomosti Says

OAO Seventh Continent owner Alexander Zanadvorov agreed to buy a 21.3 percent stake from Russian lawmaker Vladimir Gruzdev’s family fund for about $400 million, Vedomosti said, citing an unidentified person close to the fund.

Seventh Continent Owner Agrees to Buy Mosmart, Kommersant Says

Alexander Zanadvorov, owner of Russian supermarket chain OAO Seventh Continent, agreed to buy 100 percent of smaller operator Mosmart and its property assets from Sberbank Capital, Kommersant reported.

Russian Movers: Lukoil, Seventh Continent, Silvinit, Uralkali

The 30-stock Micex Index climbed 1.7 percent to 1,843.43 by the 6:45 p.m. close in Moscow. The dollar-denominated RTS Index added 1.6 percent to 2,076.78.

Seventh Continent Rises Most in Two Weeks on Report Retailer to Get Loan

OAO Seventh Continent advanced by the most in almost two weeks after Kommersant reported the Moscow-based food retailer will get a $650 million credit line from Alfa Bank.

Seventh Continent Gets $650 Million Loan From Alfa Bank, Kommersant Says

Seventh Continent, a Moscow-based food retailer, will get a $650 million credit line from Alfa Bank after majority owner Alexander Zanadvorov restructured a $560 million personal debt to a group of banks, Kommersant reported, citing unidentified people familiar with the matter.

Russia Stocks Near Highest Level This Year, Led by Raspadskaya, Sberbank

Russian stocks approached their highest level this year as oil and metals advanced, boosting the outlook for commodity producers in the world’s biggest energy exporter.

Prokhorov Buys Most of Natixis's Seventh Continent Debt, Kommersant Says

Billionaire Mikhail Prokhorov’s MFK Bank bought most of the $560 million of debt that Russian food retailer OAO Seventh Continent’s owner owed banks including Natixis SA, Kommersant reported, citing MFK. MFK now has 50 percent of Alexander Zanadvorov’s 74.8 percent stake in Seventh Continent as collateral for the debt, the Moscow-based newspaper reported today.

Russia

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