Sberbank and its partners are going to acquire the developer Ingrad. About 20 bidders, including the Samolet Group of Companies, have submitted their bids for the purchase of the developer. According to a source close to the owner of Ingrad, there are still several potential buyers.

Sberbank and its partners decided to buy the Ingrad developer for 50 billion rubles – media
  1. News


Subscribe to RB.RU on Telegram

According to sources told Vedomosti, one of the structures owned by Sberbank is interested in buying the Ingrad developer from the Rossium concern. The information about the preparations for the transaction and Sberbank’s interest in the asset was confirmed by two more interlocutors of the newspaper, who are also competing for the purchase.

According to them, Rossium planned to receive about 40 billion rubles for the transaction. This price forced some applicants to give up their rights to the asset. At the same time, sources say, Sberbank and its partners offered 50 billion rubles for Ingrad.

Some of the newspaper’s interlocutors mentioned an Uzbek investment company among Sberbank’s partners, while others pointed to a “Russian player.” The deal itself is expected to be completed before the end of the summer.

Sberbank itself did not confirm its plans to acquire the developer. It only said that it was aware of the preparation of such a deal.

“Neither Sber nor its structures plan to acquire all or part of Ingrad’s shares,” the press service said.

According to Digit Broker analyst Natalia Pyryeva, Ingrad’s fair value is between 35 and 40 billion rubles. The developer has low margins, the analyst noted. Thus, in 2023, the net profit margin was only 1.2%. For PIK this figure reached 10.7% at the end of last year, and for Samolet Group it was 6.4%.

All moving services and companies on a single map


Natalia Gormaleva

Source: RB

Previous articleNintendo Puts Final Nail in Wii U’s Coffin
Next articleProton Creates Privacy-Focused Equivalent of Google DocsApplications July 05, 2024, 00:00
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here