“Sberbank” has closed the deal for the sale of a stake in the largest shareholder of VK

by time news

Sber has completed the sale to Gazprombank of a 36% stake in MF Technologies, which is the main shareholder of VK (owns 57.3% of the voting shares of Mail.Ru Group Limited), the credit institution’s press service reported.

MF Technologies is a joint venture aimed at implementing projects in the digital economy, Sberbank said. The company was created in 2018 with the participation of Megafon, Gazprombank, RT – Business Development (subsidiary of Rostec) and USM Holdings. In 2019, Sberbank bought out 35 and 1% of shares from Gazprombank and Rostec for 11.3 billion rubles. As a result, Megafon owned a 45% stake, Sberbank – 36%, Rostec – 10%, USM Holdings – 9%. Now Gazprombank will return to the list of shareholders of the enterprise.

Sberbank announced its withdrawal from MF Technologies on November 12. The deal will amount to RUB 12.8 billion, the bank said earlier.

When Sberbank bought a stake in the largest shareholder of VK, the companies created a joint venture O2O Holding. There they received equal shares of 45%. Another 10% is for employee rewards. The O2O perimeter includes various assets – food delivery services Delivery Club, Samokat and Kitchen in the District, the r_keeper restaurant automation platform, the manufacturer of ready-made meals Performance Group, Citymobil taxi, CityDrive car sharing and a map service “2 GIS”.


You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.