19.08.2019, 20:42
QIWI will Consider the Possibility of Partial or Full Sale of Rocketbank
Source: OREANDA-NEWS
OREANDA-NEWS The Qiwi Board of Directors instructed company management to explore the possibility of a full or partial sale of Rocketbank. This is stated in the report of the company.
The board of directors of the company came to the conclusion that the business plan of Rocketbank has an investment profile that is not compatible with the risk-based QIWI, and that the business does not have enough potential interaction with the main business of the company. As a result, the board of directors determined and instructed the management of the company to study the possibility of partial or full sale of Rocketbank.
Meanwhile, Rocketbank announced that it was changing its name to "Rocket" and "becoming an independent financial technology company." "QIWI will be the owner of this company, but other investors will be able to enter it later," Rocketbank said.
The board of directors of the company came to the conclusion that the business plan of Rocketbank has an investment profile that is not compatible with the risk-based QIWI, and that the business does not have enough potential interaction with the main business of the company. As a result, the board of directors determined and instructed the management of the company to study the possibility of partial or full sale of Rocketbank.
Meanwhile, Rocketbank announced that it was changing its name to "Rocket" and "becoming an independent financial technology company." "QIWI will be the owner of this company, but other investors will be able to enter it later," Rocketbank said.
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