Deal overview
| Target | MAGNIT PJSC |
|---|---|
| Bidder | VTB BANK JSC |
| Price | £0.00 Full version or £25.00 Light version |
| Publication Date | Feb 16, 2018 |
| Abstract | On 16 February 2018, VTB Bank JSC ("VTB"), a Russian banking group, announced that it had agreed to acquire a 29.1% stake in the quoted Russian grocery retailer Magnit PJSC ("Magnit"). The stake would be acquired from Magnit's founder Sergey Galitskiy, for RUB 138.22 billion, or RUB 4,660.91 per share. Mr Galitskiy, who would retain around 3% of Magnit's share capital, would ... |
| Number of pages (Full version) | 0 |
| Number of pages (Light version) | 2 |
| Format | Adobe Acrobat (Download Acrobat Reader) |
| Free Sample | Click Here to Download |
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