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New Deal


Announced

Completed

Tatneft completed the acquisition of Russian operations from Nokian Tyres for €400m.

Financials

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Transaction Value£343m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Tires

Russian Federation

car tyres

Acquisition

Friendly

Majority

tyre distributor

Single Bidder

Cross Border

Completed

Public

Synopsis

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Tatneft, a Russian vertically integrated oil and gas company, completed the acquisition of Russian operations from Nokian Tyres, a producer of tires, for €400m. Tatneft is the fifth largest oil company in Russia and the eighth largest listed company in Russia by market capitalization.

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