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:

Annual Fitch Conference
Rostech Corporation May Allow Producing Narcotic Substances For Medical Purposes
Brussels Airlines Intends to Lease Sukhoi Superjet 100
VoiceOver Guide Will Help Visual Impairment To Use Bank Applications
LetterOne Will Invest In the Foreign Segments Of Retail Trade

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Sherlock Holmes  Sumo Wrestling  Rubles Fall  animation  Russian human rights activists  Russian political parties  Russian tourism  Irkutsk Region  Russian Premier League  Anzhi Makhachkala  Mercedes-Benz Fashion Week Russia  Russian history  Russian banks  Painting  Khanty-Mansi Autonomous Okrug  Finam Aerodrome  Moscow events  poll  Bashneft  Historical Exhibitions  Nizhni Novgorod Region  Russian movies  Russian Literature  business  Graffiti  Sergei Prokudin-Gorsky  Exhibitions in Moscow  Republic of North Ossetia-Alania  Dimitrie Cantemir  Zenit St. Petersburg  Tryokhgorny  Exhibition Sales  Moscow  Russian business  Roscomnadzor  Mercedes-Benz Fashion Week   Peace Makers  TMK  pharmaceuticals in Russia  Tapestries  Kerry Ellis  criminality  Installations  Russian monarchs  Russian Cinema  Russian economy  Archeology  Elections 2012  Garage Museum of Contemporary Art in Moscow  Kaliningrad Region 

Travel Blogs
Top Traveling Sites