Bloomberg MOSCOW — OGK-1 Chief Executive Officer Vladimir Khlebnikov said Dubai World and its partner may face competition for the Russian power generator as another group of investors is preparing a bid. Dubai World and Moscow-based Roskommunenergo have until Oct. 1 to structure the purchase of a controlling stake, Khlebnikov said Monday at a company presentation in Moscow. The Dubai state-owned investment group sent OGK-1 a letter stating plans to start “serious” due diligence soon, he said. “A Russian investor and foreign partner are looking at us very seriously, although they're not ready to make an offer at this point,” Khlebnikov said, without elaborating. Roskommunenergo, an energy trader chaired by Igor Kozhin, last month offered $5.3 billion for about 75 percent...
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