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General

MTS to increase stake in Sistema Capital to 100%

Friday 17 September 2021 | 16:42 CET | News
Russian operator MTS has signed a definitive agreement with telecom holding company Sistema and its subsidiary Sistema Finance. MTS will purchase from Sistema, which is also a controlling shareholder of MTS, a 70 percent stake in Sistema Capital for RUB 3.5 billion. As a result of the deal, which is expected to close in the near future, MTS increases its share in Sistema Capital to 100 percent.

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Categories: General
Companies: MTS / Sistema
Countries: Russian Federation
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