fridman in A Sentence
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Fridman(, Russian: Фри́дман) is a surname.
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And there is just one person behind this, Mr. Mikhail Fridman.
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Hostile takeover, or as some mildly put it,‘aggressive negotiations' have long been considered Fridman's trademark.
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It's extremely badly managed and we think it could be a great company,' Fridman told the FT.
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L1 Retail(the company that manages Fridman's assets) announced that‘under the right leadership and governance, DIA could re-establish its leading position in Spain to the benefit of the Spanish economy'.
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In particular, Fridman's peers from back in Moscow said that in Spain the magnate seemed to be performing his signature trick of hostile takeover, the one he had perfected in the turbulent world of Russian business.
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In that dramatic context, a DIA's shareholder and at the time owner of 29% of the company Russian magnate Mikhail Fridman made an generous offer of a €500m injection, and a buy out of a significant bulk of shares.
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