Sberbank completed the acquisition of a 46.5% stake in Rambler Group.

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.