StockMarketWire.com - Etalon Group said it had signed a binding agreement to purchase the remaining 49% stake in Leader-Invest from Sistema for RUB 14.6bn.

Etalon Group said it expected to close the transaction in August 2019. The transaction was expected to be financed with a long-term credit line.

'Etalon Group will consolidate full ownership of Leader-Invest after completion of the Transaction, having acquired a 51% stake in Leader-Invest in February,' the company said,






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