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Billionaire Prokhorov Extends Influence at Renaissance

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

Feb. 29 (Bloomberg) -- 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, 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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