The United Arab Emirates investment company Fundament Capital Investment Management became the owner of 6.86% of the shares of the Moscow Stock Exchange, according to the website of the corporate information disclosure center.
Author:
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According to the company, the transaction was completed on September 30, 2024. As a result, the company received 156.17 million shares with direct and independent disposal rights.
On June 12, the US Treasury imposed sanctions against the Moscow Exchange and the National Clearing Center (part of the Moscow Exchange). On June 13, the site announced the suspension of operations with the US dollar and the euro.
In August, American Capital Group reduced its stake in the Moscow Stock Exchange from 5.01% to 0.064%. The number of shares available to the company decreased from 115.6 million to 1.46 million
Author:
Karina Pardaeva
Source: RB
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.
