VTB · system · deal (втб · система · сделка)

Earlier, the group stated its intention to conclude a deal exceeding 300 billion rubles with an investor group under the participation of VTB Bank. Previously, TASS press secretary Ivan Makushok reported that AFK Sistema had concluded an investment deal with an investor group involving VTB.

Consensus

VTB will receive a large stake in Ozon as collateral for a deal with AFS 'System'
The transaction involves assets worth over 300 billion rubles
AFS 'System' intends to reduce its debt through this arrangement

Points of divergence

VTB may receive a large stake in Ozon as collateral for a deal with AFS 'System' — fontanka
AFS 'System' has already pledged shares to VTB — kommersant

Coverage (2 sources)

RBC: VTB to become pledge holder of a large Ozon stake — Фонтанка
RBC: VTB received a package of Ozon shares as collateral — Коммерсантъ

Key entities