Finance Notes: Arsenal Shareholder To Become 'Key Investor' In Russian Media Company

Alisher Usmanov, the second-biggest shareholder in Arsenal Football Club, will become a "key investor" in one of Russia's largest independent media companies, "taking advantage of a law that limits foreign ownership." UTH Media, which is half owned by Usmanov's holding company, has agreed to pay $200M for a 75% in CTC Media, which owns four Russian TV channels (FINANCIAL TIMES, 9/25). ... Asics Corp. has been selected for the first time as a component company in the Dow Jones Sustainability Asia/Pacific Index. The DJSI is jointly determined by S&P Dow Jones Indices (U.S.) and research and rating company RobecoSAM (Switzerland). The DJSI evaluates the sustainability of company business practices from three perspectives -- economic, environmental and social -- and only firms that lead the industries based on the assessment are included in the indices (Asics).