1. Home
  2. Live Updates
  3. St petersburg exchange

Live Breaking News & Updates on St petersburg exchange

Stay informed with the latest breaking news from St petersburg exchange on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in St petersburg exchange and stay connected to the pulse of your community

Deals of the day-Mergers and acquisitions

DEALS-DAY/ (UPDATE 1):Deals of the day-Mergers and acquisitions

Malaysia , United-states , Denmark , United-kingdom , Petersburg , Sankt-peterburg , Russia , South-africa , Austria , Bengaluru , Karnataka , India

Russian lender TCS agrees to buy 7.5% stake in St Petersburg Exchange


By Reuters Staff
1 Min Read
MOSCOW (Reuters) - TCS Group, which runs Russia’s largest online bank Tinkoff, has agreed to buy a 7.5% stake in the St Petersburg Exchange, Russia’s major exchange for trading foreign stocks, it said in a statement on Friday.
The exchange, which already works closely with TCS through the Tinkoff Investments platform, told Reuters this year it may expand the range of its financial instruments before an initial public offering possible in 2022.
TCS and the bourse’s major shareholder, NP RTS, signed a memorandum of cooperation at the St Petersburg International Economic Forum, agreeing that NP RTS would sell the lender a maximum of 7.5% of the exchange’s share capital.

Moscow , Moskva , Russia , Petersburg , Sankt-peterburg , Tatiana-voronova , Nick-zieminski , Thomson-reuters-trust-principles , St-petersburg-exchange , St-petersburg-international-economic-forum , Reuters , Tinkoff-investments