Qiwi Group has asked the Nasdaq exchange to extend the deadline to complete its business restructuring until November 11, 2023. This is stated in the company’s message and reports. TASS.
According to Qiwi, additional time is needed to complete the final stage of the disposal of Russian assets, which requires certain regulatory approvals.
Qiwi also said that the group has completed the main stages of the asset sale. An independent appraiser prepared a report on the valuation of all Russian assets to be transferred from Qiwi plc to Qiwi JSC; assets were also consolidated within Qiwi JSC.
In June, Qiwi group, which owns the payment service of the same name, was completely consolidated Russian assets will be collected under the local legal entity, thus completing the first phase of the restructuring plan. It was noted that the division of Russian and international assets is planned by September 2023.
Before this Qiwi announced about plans to split their business into international and Russian.
In February, Roskomnadzor included Qiwi in the list of organizers of information dissemination.
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