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Moscow Exchange sells Micex-IT stake

Source: Moscow Exchange

Moscow Exchange has sold its 100% stake in MICEX-IT to trading portal Fabrikant.ru.

The transaction is in line with Moscow Exchange strategy to dispose of noncore assets. The decision to sell the stake was adopted by the Moscow Exchange Supervisory Board in December 2013.

The size of the deal is RUB 440 mln.

Related Companies

Moscow Exchange

Channels

Wholesale banking

Keywords

Trade execution Mergers and acquisitions
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

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