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BRIEF-Russia's main shareholders to sell company
December 14, 2016 / 8:50 AM / a year ago

BRIEF-Russia's main shareholders to sell company

Dec 14 (Reuters) - M.Video Pao

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

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

* Russia’s says sale price is $7 per share

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

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