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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

Trade execution Wholesale banking

Keywords

Mergers and acquisitions
Contributed | what does this mean?
This content is contributed or sourced from third parties but has been subject to Finextra editorial review.

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