![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
VK Company Ltd (CE) | USOTC:MLRYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.9011 | 0.00 | 01:00:00 |
By Ian Walker
Sberbank Rossia (SBER.MZ) said Tuesday that it has signed a nonbinding agreement with Gazprombank (GZPR.RS) to buy a minority shareholding in MF Technologies, the controlling shareholder in Mail.ru Group Ltd. (MAIL.LN).
The Russian bank didn't say exactly how many shares it was buying or give any indication of price. Mail.ru GDRs closed in London at $20.78 Monday, implying a market capitalization of $4.6 billion.
MF Technologies is a joint venture formed last year by Gazprombank, MegaFon (MFON.MZ), Rostec and USM Holdings.
Sberbank said it shares and supports the strategy pursued by Mail.ru, which focuses on "technology leadership, a wider range of high-quality services meeting clients' everyday needs and greater customer experience."
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
October 29, 2019 08:31 ET (12:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year VK (CE) Chart |
1 Month VK (CE) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions