Would you be able to purchase the entire Ingosstrakh, which is the second largest insurance company in Russia?
PPF Investments, which is a firm independent of the PPF Group, entered Ingosstrakh as a portfolio investor. However, if there is a possibility to purchase it as a whole, the Generali PPF Holding would certainly be interested. Russia represents a strategic territory for it. HN: At what stage is dispute with Mr Deripaska today? PPF Investments speaks about a return to the 1990’s in this connection. Certainly, it is not about any “forceful” solutions as would have been applied at that time. But we have seen several really remarkable tricks from the legal point of view. An increase of the registered capital of the insurance company was designed to dilute our stake. We were not informed about the holding of the general meeting, and when we acquired that information by ourselves, we were prevented from exercising our shareholder’s rights. That is the key issue. Then there are such ridiculous stories, that the opposing party would like to have it stipulated that the Supervisory Board of Ingos
