Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Otkritie
Provider: Otkritie

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Nomos-Bank OAO Prices Share Offering-Reuters

Monday, 14 Oct 2013 10:49am EDT 

Reuters reported that Nomos-Bank OAO aims to raise up to RUB 19.1 billion ($592 million) in a share offer to help raise funds to buy a stake in Otkritie. The Bank is offering 21.8 million new shares at RUB 875 ($27.10) per share, it said in a statement, when the stock closed at RUB 920. Otkritie and Nomos announced a deal in 2012 under which Otkritie was to take over Nomos, but they later amended the plans so that Nomos will take a controlling stake in Otkritie. 

Company Quote

-14.2 -1.65%
28 Jul 2014