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...Sistema said in February the deal was priced at “up to €203mn, including a 10 per cent contribution to the budget of the Russian Federation”....
...It is the initiative of two Angolan creatives: Kalaf Epalanga, who became famous in his band Buraka Som Sistema and has since become a celebrated writer, and Nástio Mosquito, an artist who has shown at art...
...business with the highest score was Swedish telecommunications provider Tele2, with 86.9 points, followed by fellow Swedish telco Telia, German telco Deutsche Telekom and Spanish technology company Indra Sistemas...
...Like El Sistema, it has spawned similar projects elsewhere and been a seedbed for the next generation of international musicians....
...The world’s orchestras are filling up with players from El Sistema, its music education programme, and a wave of Venezuelan conductors is rising to prominence....
...After leaving Sistema, he became a serial entrepreneur and investor in Russia and Ukraine....
...Sistema is Russia’s largest publicly traded diversified holding company....
...Peter Mandelson, a former Labour cabinet minister, sold his shareholding in Russian conglomerate Sistema in June last year. He had been a board member until 2017....
...In the case of Russia, banks could use its own transfer system, the SPFS (Sistema Peredachi Finansovykh Soobscheniy), which was established after the 2014 invasion of Crimea by the Central Bank of Russia...
...Indra Sistemas, which develops software for the pan-European Eurofighter project, could profit....
...Discussions last year about a sale to Spain’s Indra Sistema, a technology company, stalled over price. Rolls-Royce was reported to be seeking between £1bn and £1.5bn at the time....
...order, Berlin has insisted it is still committed to the programme, which relies on the continent’s biggest aerospace and defence groups: Airbus, France’s Dassault Aviation and Thales, and Spain’s Indra Sistemas...
...Though some, such as banker Petr Aven and Vladimir Yevtushenkov, owner of the Sistema conglomerate, were among the first to make a fortune in Russia’s turbulent 1990s, they were outnumbered by the heads...
...The structure of the offering will allow Sistema to retain control of the company....
...Since then the Sistema message has spread worldwide....
...Shulgin said investors — including private equity groups Sistema and Baring Vostok, which invested $135m to the IPO to retain control — are prepared to look past the losses after comparing Ozon to similar...
...Vladimir Yevtushenkov, the main shareholder in the Sistema conglomerate, has a stake in Steppe Agroholding, one of the country’s largest grain exporters, which has a nearly 3 per cent market share....
...Russian conglomerate Sistema and private equity firm Baring Vostok, which control about 40 per cent each of Ozon and are contributing $135m in the new fundraising in order to retain that control, are among...
...Yandex, Mail.ru, state bank VTB and the Sistema conglomerate, which co-owns mobile phone company MTS and the online retailer Ozon, all have similar ambitions....
...Rolls-Royce has been approached by Spain’s Indra Sistemas about the possible purchase of a majority stake in its Spanish aircraft engine manufacturing business ITP Aero....
...Richard Li’s PCCW and Sistema, a Russian conglomerate, have also previously expressed interest in buying some or all of RCom’s remaining telecoms business....
...Vladimir Yevtushenkov, 71, in 2018 gave 5 per cent of his Sistema holding company to his son. Others have little idea who will run their empires when they are gone....
...Along the way, she has turned down some serious financing offers, including one from Russian private equity house Baring Vostok and the venture capital arm of oligarch Vladimir Yevtushenkov’s Sistema, which...
...It’s a cause she’s passionate about: one of the few world-class western musicians with working-class roots, she’s a board member of Sistema Scotland, an organisation — modelled on the El Sistema project...
...Mr Yevtushenkov told Russian newswires that Sistema would sell its entire 52 per cent stake in the company if a buyer were found....
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