Delovoi Standard

History

Till spring of 2015 Pearson (published FT), Dow Jones entering into News Corp owned equal shares in the edition. Rupert Murdoch (issues the newspaper The Wall Street Journal, WSJ), and the Finnish Sanoma.

For June, 2015 33% of stocks of the edition belonged to Ivania company of Demyan Kudryavtsev. The remained two thirds belong to the British FT Group and the publisher of The Wall Street Journal — the American Dow Jones. Pearson and Dow Jones belongs on 33.3% in the Cyprian Delovoi Standard Ltd. which owns the Russian Business news media Ltd – the publisher of Vedomosti.

In November, 2015 it became known that Demyan Kudryavtsev discusses the redemption of two thirds of the business newspaper Vedomosti from other shareholders of the newspaper — Dow Jones and FT Group, told Kommersant four sources in the media market and the interlocutor close to a situation confirmed. One of interlocutors specifies that Dow Jones and FT Group did not agree about the price with the buyer yet, but actually already made the decision to leave business. Mister Kudryavtsev has a right of the primary redemption of shares of partners, he specifies.

The director of communications of Dow Jones & Co. in EMEA region Andrew Robinson reported that the company still studies effects of restrictions of foreign ownership in the Russian media. "We are going to observe completely the new law" — he emphasized, having refused further comments^[1].

At the end of November, 2015 it became known that Pearson and Dow Jones agreed about sale of the shares in the business newspaper Vedomosti to Demyan Kudryavtsev's family, follows from the joint message of both companies. Terms of transaction of the party do not open, promise to close it until the end of the year.

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