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Riddle 42": How Alexander experienced "buy back" from VK My. Games and who are they selling to now?

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Riddle 42": How Alexander experienced "buy back" from VK My. Games and who are they selling to now?

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Today it turned out that Alexander Checheva, the largest Russian technology investor during the war, one of the main shareholders of Yandex and Ozone, is selling his first war trophy - the gaming company My. games In 2022, venture capitalist Chachava acquired the My games division from VK. Playing for 642 million dollars - with this deal Chachava's path to the world of really big business began. my. Games was VK's only international property that brought real money to the company.

Details of the purchase were not known. In 2022, Chava said he is raising borrowed money for the deal. Now the company reports that it is being acquired by management: CEO Elena Grigoryan and COO Denis Savuta - with the participation of a mysterious investor from the United Arab Emirates, Georgi Norislamov. The transaction amount was not disclosed; It is scheduled to close by the end of the year. It took about a year to choose a buyer, and the management's offer "turned out to be the best."

But around my sale. The games still have many questions. For example, it is very likely that VK has not received money for the sale of its property in four years. And a debt of a similar amount was found on My's balance sheet, which was separated from the international businesses. Games by the Russian company Astrum.

The debt remains.

What we know from VK's annual reports:.

- The report for 2022 states that the selling price of My. The games totaled 37.24 billion rubles. But at the same time, the company reflected 43.74 billion rubles in debts for the sale of subsidiaries - referring to the comment on My. games

- By the end of 2023, the "other debts" related to the transaction already amounted to 47.88 billion rubles.

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