Flash Report /
Russia

Alisher Usmanov’s USM holding exits MFT Technologies

  • RBC reports that USM holding, which is controlled by Alisher Usmanov, will sell a 45% share in MFT Technologies (MFT)

  • We believe that the change of control over MFT and the respective impact on VK can be viewed from two positions

  • VK’s stock reacted positively on the news (+6.3% intra-day) despite many unknowns.

Anna Kurbatova
Anna Kurbatova

Senior Analyst, TMT & Agro

Alfa
2 December 2021
Published by