Etalon to acquire YIT Corporation’s Russian business for RUB 4.59 billion

MOSCOW, RUSSIA: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced that its Board of Directors has reviewed and approved the strategic acquisition of YIT Corporation’s Russian business for a maximum consideration of RUB 4,597 million. Etalon Group together with YIT Corporation have agreed on the sale of YIT Russia.…