Russian investment company AFK Systema plans to invest RUB 1 billion ($28.5 million) in Investlesprom until the end of 2014, according to Mikhail Shamolin, President of AFK Systema.
AFK Sistema purchases Investlesprom
he closing of this transaction is contingent upon the approvals of relevant anti-monopoly authorities. The transaction is expected to be completed by the end of the third quarter of 2014.
Russian investment company AFK Systema will close purchase of Investlesprom from VTB Bank in January-February 2014. The value of purchase could reach RUB 15 billion ($472 million).
The deal should be closed in a several weeks.