Putin oligarchs buy Hartwall Arena

Via Bloomberg:

Gennady Timchenko and two other billionaire acquaintances of President Vladimir Putin bought a stake in Jokerit ice hockey team, moving the club from Finland’s top league to Russia’s answer to the NHL.

Timchenko, Arkady Rotenberg and Boris Rotenberg will also buy Hartwall Areena in Helsinki, Jokerit’s home rink and Finland’s largest event venue, with a seating capacity of about 13,500, according to an e-mailed statement from the business partners’ Arena Events Oy venture. The price wasn’t disclosed.

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