Megapolis Invest to acquire additional 29.64% stake in Elektrozavod

LLC Megapolis Invest, a joint venture of Sistema and Sberbank Investments, has agreed to acquire an additional 29.64% stake in transformer manufacturer JSC Elektrozavod for over $78 million, increasing its holding to 94.01%.

“LLC Megapolis Invest, a joint venture between Sistema and LLC Sberbank Investments, has signed an agreement to acquire an additional 29.64% stake in JSC Elektrozavod from a private investor for just over $78 million.”powertransformernews.com

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• powertransformernews.comMegapolis Invest to increase share in Elektrozavod - Power Transformer NewsPatrick HaddadFeb 23, 2021

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