Detsky Mir bought out 58.26% of shares from minority shareholders – Kommersant

Detsky Mir bought out 58.26% of shares from minority shareholders - Kommersant

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Retailer Detsky Mir (MOEX: DSKY) completed the business reorganization announced in November 2022. The company bought 58.26% of shares from minority shareholders, according to its press release. A mandatory offer to repurchase shares will be announced to the remaining minority shareholders of the parent company.

As part of the reorganization, the company transformed from a PJSC to a private company. One of the reasons for the innovations, the retailer cited the difficulties that foreign investors experienced with voting at general meetings.

In April “Children’s World” reported, which will spend 25–35 billion rubles. to buy back shares from those who disagree with the reorganization. August 1 company purchased more than 12 million of its own shares from investors through the Moscow Exchange.

Details – in the material “Kommersant” “”Children’s World” has played enough on the stock exchange”.

Laura Keffer

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