Blacklist of scam sites

Dow Jones

Deal with Sberbank saved the market of mergers from a record collapse

MOSCOW, 19 Jan – PRIME. The Russian market of mergers and acquisitions in the past 2020 could have collapsed to the level of the early 2000s, if there had not been a deal to buy Sberbank by the government. As RBC writes with reference to a study by Refinitiv experts, against the background of a fall in market transactions in the Russian market of mergers and acquisitions (M&A), public offerings of shares and bonds increased. As for the transaction on the purchase by the Russian government of a controlling stake in Sberbank from the regulator (the Bank of Russia), it, accounting for 70% of the total M&A market, provided the economic sector with growth in 2020. any Russian participation, for 2020 the sector is estimated at $ 46.7 billion, which is more than double the result of 2019. The purchase of Sberbank is estimated at $ 33.9 billion, which is 70% of the amount of all transactions in monetary terms. Without it, the market would have dropped to its lowest level since 2002. 18 years ago it was valued at $ 8.8 billion.

Related posts
Dow Jones

Russians increased their spending as much as possible in February

Dow Jones

The amount of "free money" among Russians has reached a record high

Dow Jones

The expert said how the mortgage rates will change in the spring

Dow Jones

The economist spoke about loans, which are better to refuse

Subscribe to our newsletter and
Stay up to date

Leave a Reply

Your email address will not be published. Required fields are marked *