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Sistema and Sberbank Investments joint venture completed the acquisition of 64.37% stake in Elektrozavod and 100% in Elektrokombinat for $334m.

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Service Providers

Cleary Gottlieb Steen & Hamilton

legal advisors

Cleary Gottlieb Steen & Hamilton

or

Principals

SISTEMA

bidder

SISTEMA

JSC ELEKTROZAVOD

target

JSC ELEKTROZAVOD

SBERBANK INVESTMENTS LLC

bidder

SBERBANK INVESTMENTS LLC

ELEKTROKOMBINAT LLC

target

ELEKTROKOMBINAT LLC

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MergerLinks - Request Credit - Sistema and Sberbank Investments joint venture completed the acquisition of 64.37% stake in Elektrozavod and 100% in Elektrokombinat for $334m.