Tinkov’s firm says to raise $150 mln from sale of 4% in TCS Group
MOSCOW, Mar 14 (PRIME) -- Altoville Holdings of Russian businessman Oleg Tinkov plans to raise up to U.S. $150 million from the sale of 4.2% in the form of global depositary receipts (GDRs) of TCS Group, which includes Tinkoff Bank and Tinkoff Insurance, through accelerated bookbuilding, as seen by PRIME in the materials of the company late on Wednesday.
Morgan Stanley will act as the organizer of the placement.
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14.03.2019 08:21