Tinkov Eyes Rivals For Bank Sale, Despite Agreement with Yandex – Reports

The sale of Tinkoff Bank to Yandex is far from certain, Russian online publication The Bell reported Wednesday, just three weeks after the two companies announced an “agreement in principle” for a $5.5 billion merger. Oleg Tinkov, the owner of the online bank, is also considering other buyers — in particular mobile operator MTS, or its affiliate MTS bank. 

The Bell, citing financial Telegram channels and unnamed sources, reported that Tinkov has been in discussions with…


Source link

About search

Check Also

Yandex to acquire ADV-Service – Telecompaper

Russian internet search engine Yandex plans to acquire ADV-Service, reports Comnews.ru. ADV-Service is the …

Leave a Reply

Your email address will not be published. Required fields are marked *