Rostelecom buys 50.01% in BFT Holding for RUB 1.65bn

MOSCOW, RUSSIA: Rostelecom PJSC, Russia’s national telecommunications operator, announced the acquisition of a 50.01% stake in BFT Holding, a leading supplier of turnkey solutions for development and integration of IT systems across Russia’s public sector. The total value of the deal will not exceed RUB 1.650 billion. The proposed acquisition will be completed in three…