MTS closes purchase of blocking stake in MTS Bank for 5 bln rubles
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MOSCOW. Oct 26 (Interfax) - Mobile TeleSystems (MTS) (RTS: MTSS) is buying a blocking stake in MTS Bank (RTS: MBRD) (formerly Moscow Bank for Reconstruction and Development), which like the mobile operator is controlled by Sistema JSFC (RTS: AFKS), Sistema and MTS said in statements.
- AT PRESS TIME. Kentouris, Chris // Securities Industry News;7/30/2001, Vol. 13 Issue 30, p1
Reports the approval of the merger between Italian government bond trading system and EuroMTS by the board of directors of MTS in Italy. Reduction of stakes of the Italian banks; Need for MTS and EuroMTS to win approval of shareholders; Requirement of 90 percent approval from the 23 shareholders...
- Sistema, MTS recapitalizing MTS Bank by 5 bln rubles. Interfax // Russia & CIS Business & Financial Newswire;2/10/2016, p1
MOSCOW. Feb 10 (Interfax) - AFK Sistema (MOEX: AFKS) and its subsidiary Mobile TeleSystems (MTS) (MOEX: MTSS) are buying 5 billion rubles of new shares on MTS Bank (MOEX: MBRD).
- MTS/EuroMTS Seeks Balance Between Local, Global Players. Kentouris, Chris // Securities Industry News;12/3/2001, Vol. 13 Issue 47, p11
Reports the merger between trading companies MTS and EuroMTS in Great Britain. Effects of the merger on international trading houses; Opposition of Italian banks on the move; Estimation of individual stake based on valuations of both companies.
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- Kazakhstan scoffs at suggestion it is interested in MTS Belarus. // Russian Telecom;Dec2012, Vol. 12 Issue 12, p10
The article relates that the government of Belarus is planning to sell its controlling stake in mobile operator MTS Belarus for 1 billion U.S. dollars. However, Ergali Bulegenov, the Kazakh ambassador to Belarus, has disclaimed reports that his country has entered into negotiations to purchase a...
- MTS Bank shareholders waive 2013 dividends. Interfax // Russia & CIS Business & Financial Newswire;6/30/2014, p1
MOSCOW. June 30 (Interfax) - Shareholders of MTS Bank (MOEX: MBRD) voted at their AGM on Friday to put 284.5 million rubles, or 95% of net profit, into their reserve fund, bank materials show.
- Russian stock market sees RTS index drop 2% Tuesday on weak ruble, falling oil prices. Interfax // Russia & CIS Business & Financial Newswire;11/25/2014, p1
MOSCOW. Nov 25 (Interfax) - The Russian stock market saw the RTS stock index fall due to a weakening ruble and falling oil prices while the MTS index was unchanged from previous closing.
- Sistema investing almost 9.5 bln rubles in MTS Bank. Interfax // Russia & CIS Business & Financial Newswire;10/31/2014, p1
MOSCOW. Oct 31 (Interfax) - Sistema JSFC (MOEX: AFKS) signed an agreement Wednesday to acquire additional shares in its subsidiary MTS Bank for 9.46 billion rubles, the Russian conglomerate said in a statement.