in various sectors of the Russian economy
Marathon Group drives value using best-in-class operational practices and top standards of corporate governance
Marathon Group has completed the acquisition of 12.05 million shares (a 11.82% stake) in the Russian retailer Magnit from VTB Group. The value of the stake is RUB 62.5 billion (USD 1.0 billion), based on Magnit's closing share price on the Moscow Exchange on 23 May 2018.
The Russian pharmacy chain «Mega Pharm» opened its one-thousandth store on April 19th in Samara.
Pavel Puzakov has been appointed the director of economy and finance of Marathon Group. He will be responsible for realization of the holding's financial strategy and will join the company board.