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September 03, 2003

Golden Telecom completes the acquisition of Sibchallenge Telecom

On August 6, 2003 Golden Telecom signed a share purchase agreement to acquire 100% of OOO Sibchallenge Telecom. After the receipt of regulatory approval and satisfaction of conditions precedent the deal was closed on August 27, 2003. The price of the acquisition was $15 million. Sibchallenge...

TAG: Telecommunications

September 02, 2003
ABH Holdings S.A.

Alfa Bank’s rating was upgraded by Standard & Poor’s to “B” with Stable Outlook

Standard & Poor's states that the ratings on Alfa Bank reflect the bank's good business franchise and the improved diversity of its business lines, offset by the bank's large single-party concentrations, including to other Alfa Group members, and the still high level of risk for all banks...

TAG: Financial Services