AFK Sistema PAO (EDR)

Global retail giant Amazon <AMZN.O> and Japanese SoftBank <9984.T> have made approaches to Russian conglomerate Sistema <AFKS.MM> about a possible acquisition of its online retailer Ozon, Sistema's majority owner Vladimir Evtushenkov said on Saturday.

Russian conglomerate Sistema <AFKS.MM> and the Russia-China Investment Fund (RCIF) have cut their stakes in children's goods retailer Detsky Mir <DSKY.MM> in Moscow's first share offering since the coronavirus pandemic struck.

Russian conglomerate Sistema and the Russia-China Investment Fund will raise about 11 billion roubles ($158.26 million) from the sale of shares in Russia's largest children's goods retailer Detsky Mir, Sistema said on Wednesday.

Russian conglomerate Sistema and the Russia-China Investment Fund said on Tuesday they would sell 118 million shares in Detsky Mir through an undocumented accelerated bookbuild.

Russian online retailer Ozon, part-owned by the Sistema <AFKS.MM> conglomerate, said on Tuesday it had raised $50 million from U.S. investment fund Princeville Capital through a convertible loan that can be turned into equity.

Russian business conglomerate Sistema said on Thursday it had increased its direct stake in online sales platform Ozon to 31.3% from 21.9% as the result of converting loans it provided in 2019.

* Sinocom Investments Ltd, Sistema's affiliate, has made a mandatory offer to buy the remaining ordinary and preferred shares in a pharmaceutical company Sintez.

Russian business conglomerate Sistema <AFKS.MM> has no plans to sell its stake in children's retailer Detsky Mir, TASS news agency quoted Sistema Chairman Vladimir Yevtushenkov as saying on Thursday.

Russia's top mobile phone operator MTS <MTSS.MM> <MBT.N> currently has no plans to de-list from the New York Stock Exchange, Vladimir Yevtushenkov, chairman of its parent company Sistema <AFKS.MM> <SSAq.L>, said on Tuesday.

Russia's Baring Vostok private equity fund said on Monday that the fund and business conglomerate Sistema have provided a 10 billion rouble ($154.55 million) loan to online retailer Ozon, in which they hold the largest stakes.

Russian business conglomerate Sistema is not in a hurry to sell its stake in the country's largest toy retailer Detsky Mir, Interfax reported on Thursday, citing Sistema's biggest shareholder Vladimir Yevtushenkov.

Uncertainty caused by the expansion of U.S. sanctions on Russia last year has pushed companies' share prices lower, prompting investment bankers to suggest their clients should delist from local and international exchanges.

Russian sovereign wealth fund RDIF could become a minority shareholder in three businesses held by conglomerate Sistema <SSAq.L>, the RIA news agency cited RDIF's head as saying on Friday.

Russia's Sistema could consider lowering dividend payments at its MTS unit if the mobile phone operator needs funds to cover a possible fallout from a U.S. investigation into its Uzbek business, Interfax reported.

Shares in Russian business conglomerate Sistema <AFKS.MM> <SSAq.L> fell 8.7 percent in Moscow trade on Friday, after two U.S. lawmakers called for an investigation into whether the group's owner should be subject to sanctions.

Russian oil producer Rosneft said on Wednesday its agreement with conglomerate Sistema over oil company Bashneft has been fully implemented, RIA news agency reported.

Rosneft <ROSN.MM> doubled its fourth-quarter net income to 100 billion rubles ($1.74 billion) after it resolved a row with Sistema <AFKS.MM>, the Russian energy company said on Monday.

Russian business conglomerate Sistema plans to take its forestry business Segezha Group and agriculture holding company Steppe public in 2020, Interfax quoted Ali Uzdenov, Sistema's senior vice president, as saying on Thursday.