AFK Sistema PAO logo

SSA - AFK Sistema PAO News Story

$5.8 0.0  0.5%

Last Trade - 8:49am

Sector
Telecoms
Size
Mid Cap
Market Cap £2.13bn
Enterprise Value £9.36bn
Revenue £6.57bn
Position in Universe 264th / 1818

Russia's Sberbank in talks to buy into online retailer Ozon -sources

Thu 4th June, 2020 1:41pm
MOSCOW, June 4 (Reuters) - Sberbank  SBER.MM  is in talks to
buy a large stake in online retailer Ozon, four sources close to
the matter told Reuters, as Russia's biggest lender prepares to
sever its tie-up with internet giant Yandex  YNDX.O .
    The proposed deal is part of Sberbank boss German Gref's
plan to create a one-stop technology platform offering a wide
range of online financial services. 
    

 (Reporting by Tatiana Voronova, Katya Golubkova and Polina
Devitt
Additional reporting by Alexander Marrow 
Editing by David Goodman
)
 ((ekaterina.golubkova@thomsonreuters.com; +7 495 775 1242;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.