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SSA - AFK Sistema PAO News Story

$5.8 0.0  0.5%

Last Trade - 8:49am

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
Additional reporting by Alexander Marrow 
Editing by David Goodman
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