Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

BlackRock acquired a stake of Moscow stock exchange
30.09.2012 17:46
BlackRock acquired a stake of Moscow stock exchange

 BlackRock, the world’s largest asset manager, has acquired a share in the Moscow stock exchange from the Russia Direct Investment Fund. The size of the stake and the price is not specified, reports Interfax.

RDIF had a 2.7 percent holding in the bourse. The fund became a Moscow Exchange’s shareholder in the start of this year.

The largest Moscow Exchange’s shareholders include Russia’s central bank (24%) and OAO Sberbank (10.3%), UniCredit Bank (9.6%), Vnesheconombank (6%) and Gazprombank (5.3%).  Among minority stockholders there are Citibank, Citigroup, Merrill Lynch, Morgan Stanley, Goldman Sachs, HSBC, Credit Suisse and UBS.

The Moscow bourse was created when the Micex Stock Exchange merged with the RTS Exchange in December, and offers stock, bond, currency and futures trading.

BlackRock, Inc. is an American multinational investment management corporation and the world's largest asset manager. Headquartered in New York City, BlackRock is a leading provider of investment, advisory, and risk management solutions, says

Photo: Reuters


Author: Irina Fomina

Tags: Investments into Russia Russian business    

Next Previous

You might also find interesting:

Electronic Employment Record Books
It Will Take Another Three Years to Produce Domestic Parmesan In Russia
The Owner of MiraxBioPharm Wants to Sell the Company
Sberbank and Yandex Announced the Formation of a Joint Venture
METRO Cash and Carry Signed a Cooperation Agreement with Sberbank Subsidiary

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
ecology  Russian holidays  Novgorod Region  Boris Shakhlin  education  Suzdal  Tyumen  infaltion  Russia  Nikolay Okhlopkov  Exhibitions in Moscow  Echo of Moscow  Russian schools  The New York Times  Speranza Couture  Peter Miturich  taxi price  children in Russia  budget  Archeology  France  Russian business  Solovetsky Archipelago  medicine  Kostroma  The Blindage museum   Moscow  Feodor Bobrykin  Tomsk  Maria Callas  Explosives  Russia-US  EU sanctions  St. Petersburg  Vladimir Vysotsky  Russian Cinema  Russian history  Mariinsky theatre  Russian Literature  Russia international  Russian tourism  co-working  Mercedes-Benz Fashion Week Russia  Russian taxes  Russian churches  Russian companies  New Museums  Krasnoyarsk  Victor Chizhikov  Lilac Museum 

Travel Blogs
Top Traveling Sites