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SSA - AFK Sistema PAO News Story

$8.07 0.2  1.9%

Last Trade - 3:05pm

Sector
Telecoms
Size
Large Cap
Market Cap £2.83bn
Enterprise Value £10.51bn
Revenue £7.49bn
Position in Universe 267th / 1785

BRIEF-Unit Of Russia's Sistema And Sberbank Acquires Nearmedic Group

Wed 15th September, 2021 5:43pm
Sept 15 (Reuters) - AFK Sistema  AFKS.MM :
    * UNIT OF AFK SISTEMA AND SBERBANK - JSC "NEW INVESTMENT
HOLDING"
- ACQUIRES CYPRUS COMPANY NEARMEDIC INTERNATIONAL LIMITED
    * TRANSACTION AMOUNTED TO 1 ROUBLE, SISTEMA AND SBERBANK
HAVE IN
EQUAL PARTS PROVIDED JOINT VENTURE WITH RUB 1.2 BLN IN EQUITY
FINANCING THAT WILL GO TOWARDS PARTIAL REPAYMENT OF NEARMEDIC'S
OUTSTANDING DEBT TO SBERBANK
    * NEARMEDIC GROUP'S NET DEBT AS OF CLOSING OF TRANSACTION
WAS RUB
5.9 BLN

Further company coverage:  AFKS.MM 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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