City & Corporate: The Week in city & corporate
PR Week UK, Friday, 11 July 2008, 12:00am,
Hudson Sandler advises Russian consortium, Renaissance Group hires Finsbury partner.
Hudson Sandler is advising a company embroiled in the BP-Russia saga. AAR is a consortium of Russian shareholders including Access Industries, Alfa Group and Renova Group that collectively own 50 per cent of TNK-BP, Russia's third largest oil company. The group has accused BP, which owns the other half, of treating it as a 'subject' rather than 'partner'.
Engage Group has brought in former FD MD Stephen Jacobs as partner. Jacobs is a senior comms specialist, following an early career in sales and corporate & consumer public relations. He will join Engage Group on 1 July.
Renaissance Group has signed up Finsbury partner Simon Moyse as global communications director. Renaissance is an emerging markets financial group, and Moyse will be based in Moscow from September 2008. At Finsbury, Moyse advised Standard Chartered Bank, Fortis, Kohlberg Kravis Roberts, Royal & Sun Alliance and Basic Element. He also worked on M&A deals including the successful bids for ABN Amro and Somerfield, and a number of successful defences of the London Stock Exchange from unwanted suitors. Before joining Finsbury, Moyse was a senior communications adviser to Chancellor Gordon Brown at the Treasury.
Acron, a leading Russian and global mineral fertiliser producer that is listing 10 per cent of its capital on the LSE, has brought in Merlin for the programme. The shares are expected to be worth in the region of £295m. The group is already listed in Moscow and is valued at about £3bn.
The Financial Services Authority has appointed Georgia Parks as head of strategic communications. She will be responsible for developing and managing the FSA's organisational communications and reputation. Parks joins the FSA from the Department for Culture, Media and Sport press office, where she was responsible for the media handling of the humanitarian assistance brief.
FD is advising the Bahrain Mumtalakat Holding Company, Bahrain's sovereign wealth fund. The multi-billion pound fund recently ranked top for transparency in a Global Monitor survey of Middle Eastern funds.
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