Announced
Completed
Financials
Tags
Minority
Russian Federation
mobile advertising
online advertising
Media Agencies
Acquisition
Private
Friendly
Single Bidder
Completed
Synopsis
Sberbank, a state-owned Russian banking and financial services company, completed the acquisition of a 46.5% stake in Rambler Group, a media and entertainment company. Financial terms were not disclosed. Thanks to this partnership, Sberbank’s ecosystem will feature the services and brands of Rambler Group, including Okko, one of the most popular and fastest growing Russian online cinemas, Moscow’s Khudozhestvenny Cinema, and also more than 30 popular resources and services of the Runet, such as Gazeta.ru, Lenta.ru, Afisha.ru, Championat.ru, Rambler.ru and Rambler.Kassa, LiveJournal.com and others.
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