Shares “Ribbies” took off

Shares of the Russian network of supermarkets “Tape” took off to 211 rubles per piece (plus 9.44 percent compared to the closure of the previous trading session on December 15) on the news on the plans to purchase service for the delivery of food “WKONOS”. At the time of writing a note, the cost of papers was adjusted to 203.2 rubles, the data of the Moscow Exchange.

The amount of the transaction will be 20 billion rubles and will be held in 2022. The purchase is financed by the additional release of the ribbon shares. The company hopes to increase their share in the online sales segment, acquire unique competencies, a loyal client base and increase the efficiency of competition in the Moscow online market, especially in the price segments “above average” and “Premium”.

At the end of July, the network of retail stores “Magnit” bought a Dixie retail network. Initially, the amount of the transaction was 87.6 billion rubles, but then rose to 97 billion.

In mid-October 2021, “Magnet” overtook the X5 Group on capitalization for the first time since 2019, becoming the most expensive food retailer of Russia. That day the market value of the “magnet” reached 9.2 billion dollars. Two months later, at the time of writing notes, the market capitalization of the magnet is 7.7 billion dollars, X5 Group – 7.57 billion.

/Media reports.