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New Deal


Announced

Completed

VK completed the acquisition of the remaining 75% stake in Uchi.ru for RUB8.7bn.

Financials

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Transaction Value£98m
Consideration TypeCash
Capital Owned25%
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Majority

Private

Russian Federation

online learning

Online and Social Platforms

Completed

learning platform

Acquisition

Domestic

Friendly

Synopsis

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VK, a Russian online social media and social networking service based in Saint Petersburg, completed the acquisition of the remaining 75% stake in Uchi.ru, Russia’s largest online platform used by school students, for RUB8.7bn. Through this acquisition, VK will strengthen its foothold in the segment of extracurricular education for schoolchildren.

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