May 16, 2019 14:47
Severgroup increases stake in Lenta to 49.4% in share offer
MOSCOW. May 16 (Interfax) - Alexei Mordashov's Severgroup has increased its stake in Lenta to 49.38% through its offer to buy minority shareholders' stakes in the retailer.
This took place on May 15, according to Lenta. Earlier, it increased its stake to 46.4% from 42.03%.
Severgroup submitted its offer on April 30. It will last 21 days, after which, if Severgroup's stake exceeds 50%, it will be extended by two weeks.
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