Billionaire Prokhorov Extends Influence at Renaissance

(Corrects to show Prokhorov’s Onexim assuming minority stakes in companies.)

Billionaire Mikhail Prokhorov is extending his influence at Russia’s Renaissance Group as his Onexim Group takes minority stakes in Ukrainian Agrarian Investments and London-listed miner Beacon Hill Resources Plc (BHR), according to an e-mailed statement from Moscow-based Renaissance today.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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