MOSCOW, RUSSIA: Sistema PJSFC has sold 8.7% of the ordinary shares of PJSC Segezha Group, a leading timber holding company, to Bonum Capital Ltd for $150 million. Following the closing of the transaction, the Corporation’s stake in the share capital…
MOSCOW, RUSSIA: Sistema PJSFC has entered into an agreement to sell certain amount of ordinary shares of PJSC Segezha Group, a leading vertically integrated holding company in the timber industry performing a full cycle of operations from logging to advanced…
MOSCOW: Sistema’s fully owned subsidiary LLC Sistema Telecom Assets has acquired 32.4% of the share capital of OJSC Sintez, a subsidiary of pharmaceutical holding company Binnopharm Group from JSC National Immunobiological Company (Nacimbio). “Increasing our ownership stake in OJSC Sintez…
MOSCOW: Sistema PJSFC has completed the establishment of the pharmaceutical holding company Binnopharm Group, a news release said. To create the pharmaceutical holding company, Sistema and its financial partner, VTB Group (VTB), contributed their 56.2% stake in OJSC Sintez (which…
MOSCOW: Sistema, a publicly traded diversified Russian holding company, has completed the acquisition, together with a financial partner, of a 46.5% equity stake in Sintez Kurganskoe Medical Products Company (Sintez) and a 75.1% equity stake in Biocom, through holding company…