Roman Abramovich sold part of the shares of Channel One

Roman Abramovich reduced his stake in Channel One from 24% to 20%. This was reported by RBC with reference to the head of the department of industry organizations and foreign property of the Federal Property Management Agency Alexei Pavlov.

• sell shares in accordance with a law that prohibits foreigners or persons with dual citizenship from owning more than 20% in the founder of a Russian media outlet. Abramovich, who received Israeli citizenship in May, was supposed to
• In June, RBC sources reported that the buyer of the shares that Abramovich must sell because of the law "on foreigners in the media" would be one of the current shareholders of Channel One.
• The most likely bidder was the National Media Group (NMG), which in 2010 bought a 25% stake in Channel One from Abramovich.