[Russia] - Wildberries Co-Founders Finalize Divorce Amid Corporate Power Struggle

INSUBCONTINENT EXCLUSIVE:
The co-founders of Russias biggest online merchant Wildberries, Tatiana Kim and Vladislav Bakalchuk, formally ended their 22-year marital
relationship on Monday as their split deepened a continuous business dispute.Kim first revealed strategies to divorce Bakalchuk last
summertime after he looked for assistance from Chechen leader Ramzan Kadyrov in combating what he described as a hostile takeover of
Wildberries by the outdoor advertising firm Russ Group.Earlier, Wildberries and Russ Group had announced a merger to produce a joint digital
trading platform under the brand-new name RVB.A court promoted my divorce suit today, the kids are staying with me, Kim, Russias wealthiest
woman, wrote on Telegram.Bakalchuk, who previously stated the couple had no prenuptial arrangement, stated the next court hearing on Feb
18 will figure out the division of assets.The Wildberries conflict escalated in September when Bakalchuk led a group of men into the
companys Moscow offices, triggering a confrontation that ended with the deadly shooting of 2 security guards
Kim accusedher spouse and 2 previous executives of leading an armed takeover attempt.Bakalchuk and numerous others, consisting of ethnic
Chechens, were charged with multiple felonies over the shooting, consisting of murder
Nevertheless, the entrepreneur was later on released from police custody and the status of criminal procedures against him remains
unclear.Kadyrov has actually considering that declared a blood fight against 3 Russian lawmakers from surrounding North Caucasus republics,
accusing them of orchestrating the RVB merger and outlining his assassination.Russian business news outlets have described the
Wildberries-Russ Group merger as part of a wider power struggle in between Kadyrov and influential billionaire senator Suleiman
Kerimov.Wildberries and Russ Group say their merger, which has actually protected President Vladimir Putins approval, will produce a
financial, media and retail powerhouse efficient in competing with Western innovation giants and reinforcing Russias economy.A Message from
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