The management of the Russia Partners investment fund will sell a 40% stake in Banki.ru. At the same time, the Winter Capital fund and the Elbrus Capital fund, which are affiliated with the Interros of businessman Vladimir Potanin, are also planning to get rid of some of the securities in the financial market. informs RBC with reference to sources.
Banki.ru is a site for the selection of banking and other financial products. The organization has been operating in Russia for the past 18 years, since 2005. The article also states that the portal supports forums where users can provide feedback on banks or explain emerging conflict situations.
“Russia Partners mutual fund put up for sale 40% of its shares in the Banki.ru financial market. The material says the transaction was recommended by Renaissance Capital, while other shareholders could sell their stake in the company – Vladimir Potanin’s Interros-linked Winter Capital fund and Elbrus Capital fund.
Russia Partners’ participation in the securities structure of Banki.ru began in 2013, when the investment fund bought 30% of the company’s shares from the Finam investment holding for $ 6 million. from the shares of the portal. It is stated in the note that as of November 2020, Russia Partners has a 40.2% stake in Banki.ru.
On October 20, we learned about another big deal in the Russian financial market. Freedom Holding management accepted the decision to sell his business in Russia, including the investment firm Freedom Finance and the Freedom Finance bank, to Maxim Povalishin, co-founder of Freedom Finance. The transaction amount was supposed to be around $140 million.