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UK royal may sell out to tycoon
Published: 14 January, 2008, 10:01
A nephew of Queen Elizabeth II of Great Britain, David Linley, is reported to be selling his stake in his furniture and design business to a Russian corporate tycoon.
The potential buyer is Sergey Pugachev, a member of Russia's Federation Council, who's also a friend to President Putin.
Pugachev's fortune is estimated at $U.S. 6.8 billion.
The sides are currently in talks.
14.01.2008, 09:58
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14.01.2008, 10:08
Moscow leads Europe's elite rental marketIn the past ten years Moscow’s Golden Mile, an elite district just a stone's throw from the Kremlin, has been transformed beyond recognition. Historically a ramshackle quarter, home to the capital’s artists and intellectuals, it’s now the most expensive |
