NLMK'S LISIN BUYING UNITED MEDIA HOLDING

摘要

Vladimir Lisin, the principal owner of Novolipetsk Iron & Steel Company (NLMK), has agreed to purchase 100 percent of United Media, whose main asset is Business FM radio, from Arkady Gaidamak and company executives for 23.5 million dollars, the business daily Kommersant reported on June 17. Analysts project that the investment won't begin paying off for at least another five years.