December 14, 2016 / 8:50 AM / 8 months ago

BRIEF-Russia's M.video main shareholders to sell company

Dec 14 (Reuters) - M.Video Pao

* Russian electronics retailer M.video says its main shareholders, Alexander Tynkovan and his partners Pavel Breev and Mikhail Tynkovan agree to sell entire interest in M.video to Safmar group

* Russia's M.video says Safmar group will acquire 100% of an investment company owned by Alexander Tynkovan and his business partners

* Russia's M.video says sale price is $7 per share

* Russia's M.video says agreement has been reached whereby Safmar group will make a voluntary tender offer to all minority shareholders of m.video at the same acquisition price. Further company coverage: (Reporting by Maria Kiselyova; Editing by Christian Lowe)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below