Monday, August 15, 2005

MICEX to acquire 51% stake in ATMVB; eyeing Yekaterinburg and Nizhegorodsk

15/08/2005
Story: Moscow Interbank Currency Exchange MICEX, the Russian bourse, today (15 August), will finalize the purchase of a 51% stake in Vladivostok‘s Pacific Interbank Currency Exchange (ATMVB). This is according to a Kommersant report, which cited MMVB president, Alexander Potyomkin.
ATMVB had a turnover of RUR 35.7bn (EUR 1bn), in 2004. According to the paper, MMVB also plans to take stakes in the Yekaterinburg and Nizhegorodsk bourses.

Source: Kommersant
Value: €1,000m (ATMVB turnover ion 2004)



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