OREANDA-NEWS. December 13, 2007. The MERCURY Group and OJSC DIXY Group are taking all actions to close the deal between the MERCURY Group and the holding company managing the assets of Oleg Leonov at the pre-scheduled time, i.e. by February 1, 2008, DIXY's press service announces. The closing will be preceded by the satisfaction of certain conditions precedent (including obtaining the approval of the Russian Federal Anti-Monopoly Service) and the completion of a due diligence which is currently carried out by the MERCURY Group. 
 
The arrival of the MERCURY Group will ensure for DIXY Group new business opportunities; to this end, DIXY Group and the MERCURY Group together develop and negotiate the Company's strategic development concept the for a 3 year period and specify its regional development plan and investment plan.  Upon the closing, DIXY Group and the MERCURY Group intend to make their development targets for the years to come available to all interested parties.