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Today: 23 February 2012

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Sistema gobbles up NVision Group

25.01.2012
AFK Sistema will buy NVision Group, an IT solutions supplier for commutations service providers, the multi-industry holding said today. NVision Group will be integrated into Sistema's high-tech subsidiary RTI. The latter will purchase a 50% stake from NVision Group's shareholders, who will exchange the other half for RTI's additional shares. Thus, the shareholders of NVision Group will receive up to $200m and become shareholders of RTI. www.rbcnews.com
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