Alexander Vinokurov and the family members of Igor Rudinsky have signed a second deal whereby Alexander Vinokurov will receive 50% of the shares in SIA International, 34% of the ordinary shares and 31% of the preferred shares in Sintez plant, and 75% of the shares in Biocom plant.
After closing the deal, Alexander Vinokurov becomes the indirect owner of 100% of the shares in SIA International, 100% of the shares in Mega Pharm, 51% of the ordinary shares and 31% of the preferred shares in Sintez plant, and 75% of the shares in Biocom plant. As far as Sintez and Biocom are concerned, the deal will be closed once the regulatory bodies give all the requisite approvals.
"My daughters and I are satisfied with the terms of the deal. We are not professional investors or businesspeople, so selling the remaining interest was a logical step for us to take. While he was still alive, Igor planned to sell his business interests and was holding discussions with Alexander while Alexander was working at TPG," Elena Rudinskaya said, commenting on the deal. "I plan to work on some projects of my own."
"I have done everything I promised Elena Yakovlevna," Alexander Vinokurov commented.
The terms of the deal are not being disclosed.