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Sistema to acquire pharmaceutical companies Sintez and Biocom from Marathon Group

Sistema PJSFC, a publicly traded diversified Russian holding company, announces the signing of a binding agreement to acquire from the investment company Marathon Group stakes in two pharmaceutical companies – Sintez Kurganskoe Medical Products and Goods Company ("Sintez") and Biocom ("Biocom").

The transaction is expected to close within three months, following approvals from the Federal Anti-Monopoloy Service and completion of certain other conditions.