MOSCOW: VTB Group announced intention to sell approximately 17.28% of ordinary shares of PJSC Magnit. Up to 5.15% will be offered through an accelerated bookbuilding process. It is expected that the remaining 12.13% of the company’s shares will be sold to Marathon Group at a price determined in the offering. VTB Group has agreed to…
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VTB launches Russia-wide ESG platform
LONDON: VTB Group is set to launch a Russia-wide ESG platform. It is an open infrastructure for ESG transformation, which includes a wide scope of financial products and services meeting environmental, social and corporate governance standards. VTB is making the platform open to its partners and clients ranging from federal and municipal entities to corporate…