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ETLN - Etalon News Story

$1.6 0.0  0.0%

Last Trade - 18/09/20

Consumer Cyclicals
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
    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)
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