Brief: Sistema Pjsfc Sistema Pjsfc Sistema Acquires Stake In Melon Fashion Group

Eastnine AB (publ)

19/10/2022 04:13

Oct 18 (Reuters) - Sistema  AFKS.MM :
    * PJSFC SISTEMA PJSFC: SISTEMA ACQUIRES STAKE IN MELON
FASHION
GROUP
    * ENTERED INTO BINDING AGREEMENTS TO ACQUIRE A 47.7% STAKE
IN
MELON FASHION GROUP JSC
    * SISTEMA WILL FINANCE TRANSACTION WITH ITS OWN AND BORROWED
FUNDS
    * TO ACQUIRE STAKE IN MELON FASHION GROUP JSC FOR RUB 15.8
BILLION

Source text for Eikon:  ID:nEQ6qgfyPa 
Further company coverage:  AFKS.MM 
 ((Reuters.Briefs@thomsonreuters.com;))