RE: Takeover10 Mar 2019 14:04
Disagree.
Worth reading deeper into key shareholders and their background.
From the end last year;
“Vitaliy Khomutynnik, one of Ukraine’s richest men, has clinched a 20 per cent stake in JKX – which has assets in Ukraine and Russia – via an investment fund called Cascade. He bought the stake from Proxima, a Russian fund that in 2016 succeeded in booting out the entire JKX board.
His surprise move has raised eyebrows among JKX’s British investors because Khomutynnik has links with Ukrainian oligarchs Igor Kolomoisky and Gennadiy Bogolyubov. The pair are JKX’s largest shareholder through their investment vehicle Eclairs.
In another thread of the tangled Ukrainian connections, JKX has a 10 per cent stake in Ukrnaftoburinnia, a Ukrainian gas firm where Kolomoisky and Khomutynnik are major shareholders.”