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MTS announces acquisition of 50.82 pct stake in Oblachny Retail LLC


Tuesday, 3 Oct 2017 07:48am EDT 

Oct 3 (Reuters) - Mobil'nye Telesistemy Pao : :Russia's MTS announces acquisition of 50.82 pct stake in the Russian retail software developer Oblachny Retail LLC, operating under Litebox - SEC Filing.Says deal priced at RUB 620 million, includes repayment of RUB 30 mln loan, RUB 420 mln investments in business development, payment of RUB 170 mln to founders.