Sberbank Sells Russia’s VK Group Stake Back to Gazprombank
- Lender to sell 36% in MF Technologies, which owns 57.3% of VK
- O2O Holding JV between Sberbank, VK Group isn’t affected
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Sberbank PJSC agreed to sell its stake in VK Group, one of Russia’s biggest technology companies, to Gazprombank for 12.8 billion rubles ($176 million).