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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.

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