As noted, the deal was cashless. The structures, also included in Rosatom, were interested in acquiring a Russian chip maker in 2021, but then the state company was “moderately interested in the deal”. Then, sales were discussed with the participation of different market players.
For example, it was Kraftway, a computer and electronics company. But for him, the owners of MCST “set the price tag too high” and the deal didn’t happen.
At the same time, it was clarified that Rosatom was seen by authorities as “a separate investor who could save the asset” in 2021. Moreover, at that time MCST was already “having problems with debt burden and had unfulfilled obligations under a number of subsidies.” What ultimately affects the takeover of this structure by Rosatom.
Source: Ferra
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.
