UPDATE 1-Russia's MTS in talks to buy event ticketing firm for up to $60 mln -sources [Reuters]
QIWI plc - American Depositary Shares (QIWI)
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Source: Reuters
UPDATE 1-Russia's MTS in talks to buy event ticketing firm for up to $60 mln -sources | Reuters Reuters Staff 3 Min Read (Adds details, background) By Tatiana Voronova and Maria Kiselyova MOSCOW, Dec 15 (Reuters) - Russia’s biggest mobile phone operator MTS is in talks to buy event ticketing company Ticketland for around 3 billion roubles to 3.5 billion roubles ($51 million-$60 million), two sources told Reuters. One source, close to MTS’s parent company Sistema, said MTS was in talks with Ticketland shareholders about the acquisition for more than 3 billion roubles. The source said on Friday that MTS planned to proceed with the deal notwithstanding that Sistema was entangled in a multi-billion-dollar legal dispute with oil company Rosneft . The business conglomerate, which groups the assets of Russian billionaire Vladimir Yevtushenkov, this week cancelled a deal to sell shares in retailer Detsky Mir because a court froze its stake in the company. More than half of its MTS stake is al
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