Etalon logo

ETLN - Etalon News Story

$1.6 0.0  0.0%

Last Trade - 18/09/20

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £362.7m
Enterprise Value £603.4m
Revenue £867.6m
Position in Universe 606th / 1806

Russia's Sistema buys 1.9% stake in homebuilder Etalon from Baring Vostok

Fri 24th July, 2020 7:30am
MOSCOW, July 24 (Reuters) - Russian homebuilder Etalon
 ETLNGq.L  on Friday said private equity group Baring Vostok had
sold a 1.9% stake in the company to conglomerate Sistema
 AFKS.MM .
    Sistema, Etalon's largest shareholder, said its had
increased its stake by 0.6% to 25.6%, with 1.3% transferred to a
number of top managers as part of an incentive programme. 

 (Reporting by Nadezhda Tsydenova; Writing by Alexander Marrow;
Editing by Alex Richardson)
 ((alexander.marrow@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.