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Prokhorov’s RBC Says It’s Not in Talks to Buy Stake in Vedomosti

OAO RBC, the media holding company of Russian billionaire Mikhail Prokhorov, isn’t in talks to acquire Sanoma Oyj’s stake in newspaper Vedomosti, Derk Sauer, president of RBC, said.

Russian business daily Kommersant reported today that RBC is seeking to buy a 33 percent stake in a Cyprus-based company which owns Vedomosti, a business daily which is published jointly with the Wall Street Journal and the Financial Times, citing unidentified people.