David Linley, nephew of the Queen, with Russia's leading oligarch known as "the Kremlin's cashier 'talks to sell stake in its business of manufacturing exclusive furniture and interior environment. The amount of the transaction may amount to several million pounds.
Linley potential partner's name is Sergei Pugachev. Oligarch who is closely associated with President Vladimir Putin, is estimated at 3.5 billion pounds. This transaction will facilitate access to the hypnotherapy British high society, because, if successful, he will receive several luxury brands in Western Europe.
Linley, the representative of the royal family, who does his business the past 25 years, the deal with the oligarch will provide an opportunity to expand business, which includes to date services for drapery, yacht design and interior decoration.
In addition, this gesheft strengthen the ties between members of the royal family and Russia's rich. Prince Michael of Kent several times visited Russia at the expense of local businesses and is considering entering Russia's vodka market with the brand name "Ivan the Terrible" ( "Ivan the Terrible"). Together with several Russia's richest oligarchs, he organized a charitable foundation.
44-year-old Pugachev, who made a fortune in the shipyards and a number of property transactions in the last six months engaged in strengthening friendship with Linley. In September last year they went to the viscount bear hunting in Tuva (South Siberia) - the region where it has a share in the mining industry, Pugachev is in the Federation Council.
Partners spent a long weekend at a hunting camp on the Yenisei, the truth, no one bear was not killed. In August of last year there, naked to the waist and with a fishing rod, posing for photographers to Putin.
Then, too, in September last year, Pugachev, like its well-groomed beard and gray eyes on one of the last Romanovs, Linley invited to a gala evening at the Elysee Palace in Paris. In response, in December last year, invited Linley Pugacheva hunt pheasants in Great Windsor Park.
Russian oligarch owns the castle under the Nice and two villas in the fashionable resort of Saint-Jean-Cap-Ferrat, as well as 600 acres of adjacent land.
"This is a very close relationship, - said David Henderson-Stewart, head of the company Luxadvor, exercising control luxury brand Pugachev. - They are seen quite often."
Spokesperson Christine Linley McMillan said that the deal would be announced "shortly. She added: "At the moment, negotiations are under way on major issues, although a final agreement had yet been reached."
According to recent financial statements (for 2005), the firm Linley suffers considerable losses, but McMillan writes off them for the costs associated with opening a new store in Mayfair, and says that soon the company will announce further progress.
Over the past year and a half Pugachev bought several luxury brands, including a network of French gastronomic boutiques Hediard, for which he is rumored to have paid 750 million pounds, as well as Russia's watch company flight. In 2006, a businessman, in addition, has acquired TV station Luxe TV, which broadcasts in the UK, Western Europe, Asia and Russia.
Company Linley will be the logical complement to the collection of Pugachev. Founded in 1985, she managed to acquire an exclusive client base: the services of the firm Linley using celebrities such as Oprah Winfrey, Carolina Herrera, Joe Mallon and David Tang. To belong to a cohort of designers Linley David Easton, Kelly Hoppen, Joanna Wood and Nina Campbell.
Manufacturer Linley worked on updating the rooms of the hotel Claridge's, yachts and restaurants in the hotel Goring Hotel. Among the products - wooden paperclip, humidory rosewood zherebkovye stand for office supplies and lunch tables cost more than 50 thousand pounds.
Since 2006
Linley combines participation in the furniture business with a permanent job as head of auction house Christie's UK, who managed to rescue 14 million pounds from the sale of personal belongings mother Linley, Princess Margaret. In a recent interview he said that it is able to combine both posts. It is not known whether the deal would lead to a reduction Pugachev Linley personal involvement in his own business.
Recent property transactions Pugachev in Russia are contradictory. He is developing the complex, which combine a hotel, a house and
auction house, all of which will be located in the vicinity of Red Square in Moscow, the site of the former building of the Ministry of Defense. At one time there were reports (denied by Pugachev) that have not been made necessary in such cases, requests, although the building is on the list of world heritage by UNESCO. According to unconfirmed rumors, internal decoration of the hotel will offer to do the company Linley.
Pugachev friends with Putin in the early 1990's. When he was 27 years old, he started in Leningrad, the Northern Commercial Bank. Putin has been working in the city administration of Leningrad.
Then Pugachev created Mejprombank, which survived the 1998 crisis. The businessman had close business contacts with President Yeltsin's daughter Tatyana Dyachenko. While in 2001, Pugachev resigned his post at the bank, many believe that he still controls the enterprise. There is a business tycoon in the shipbuilding and aerospace industries, as well as in real estate.
http://www.inopressa.ru/times/2008/0...59:21/pugachev
27-08-2008, 18:48
"The Kremlin auction house." Who will host?
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