It became known that Sberbank is investing 2 billion rubles in Rambler Group. According to the available data, investments will be aimed at strengthening the holding’s leadership in the field of online media and the e-ticketing market. At the same time, Sberbank’s share in the Rambler Group capital will rise to 55%.
Sberbank announced the purchase of a 6.95% treasury stake from Rambler Group. The source also reports that the financial institution will buy another 1.5% from A&NN by Alexander Mamut, who is the second shareholder of Rambler Group. The purchase of shares will be carried out as part of the next stage of equity financing, and the total investment will amount to about 2 billion rubles. Most of them will be aimed at accelerating the growth of the market share of the Okko service in order to make it the largest Internet platform for watching videos in Russia in 2021.
Rafael Abrahamyan, CEO of Rambler Group, noted that “attracting additional financing, as well as strengthening synergies with Sberbank, will allow more aggressively increasing the market shares of all the company’s projects”.
As a reminder, last spring Sberbank announced investments in Rambler Group in exchange for a 46.5% stake in the holding. The amount of funds invested was not announced, but, according to the source, Sberbank then invested 9-11 billion rubles in Rambler Group.
Earlier this month, it became known that Sberbank was negotiating with Alexander Mamut to reduce his share in the holding from 46.5% to 40%. The source notes that the discussion of the redistribution of shares in the Rambler Group began against the background of claims made by one of Mamut’s structures to Nginx.
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