O1 Group Announces Closing of the Sale of its Stake in CA Immo
The shares represent an ownership interest of approximately 26% in CA Immo. The closing of the sale was conditioned on approval of the transaction by the Austrian regulator and other jurisdictions as well as approval by the supervisory board of Immofinanz AG and the approval of the management board of CA Immo. All required approvals have been obtained.
Dmitry Mints, Member of the Board of Directors of O1 Group and Vice Chairman of CA Immo: “As a core shareholder of CA Immo, the efforts of O1 Group have always been dedicated to support an improvement in the performance of CA Immo for the benefit of all shareholders – with CA Immo having achieved record profits and dividends already raised twice, we are pleased to say that we have accomplished our objectives. The closing of this deal opens a new chapter for the company. We are fully convinced that CA Immo is well-positioned to meet all future challenges and opportunities.”
FUTURE Non-state Pension Fund, a non-government pension fund mainly providing compulsory pension insurance services and a part of FUTURE Financial Group, has announced financial results for nine months of 2017 (the period ending 30 September 2017), prepared in accordance with industry accounting standards.
Public Joint-Stock Company Future Financial Group (MOEX: FTRE) (hereinafter - the Company or the Group), the public company unifying several of the largest non-state pension funds in Russia, announces the unaudited financial results of the Group for H1 2017, which ended on June 30, 2017
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