Magnit says starts acquisition talks, due diligence of SIA Group - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Magnit says starts acquisition talks, due diligence of SIA Group

MOSCOW, Jun 6 (PRIME) -- Russian retailer Magnit is in negotiations with Marathon Group, which has recently become its minority shareholder, to acquire distributor of pharmaceuticals SIA Group from it and has started due diligence, Magnit said in a statement on Wednesday.

УMagnit announces the start of negotiations with the group of companies Marathon Group on acquisition of joint stock company SIA International Group, pharmaceuticals distributor SIA Group, and has started an all-encompassing legal and financial analysis of the latter,Ф Magnit said.

The structure and terms of the deal will be discussed after due diligence, Magnit said.

End

06.06.2018 12:27
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.7556 +0.6819 15 nov
USD 67.9975 +0.3163 15 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1117.26 +1.56 18:50 14 nov
micex 2378.59 +0.15 18:50 14 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 151.85 +2.03 18:49 14 nov
lkoh 4856.50 -2.08 18:47 14 nov
rosn 427.15 -3.71 18:49 14 nov
sber 199.20 +1.34 18:49 14 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.4400 +0.2375 14:59 14 nov
USDTD 67.0600 -0.6350 17:44 14 nov