Kaspi.kz acquires a stake in Kolesa Group from Baring Vostok
Author - Mansur Ismagulov
The Tech AI
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Kaspi.kz has entered into an agreement to acquire a 39.76% stake in Kolesa Group from an indirect subsidiary of Baring Vostok Private Equity Fund V. The transaction price is $88,500,000, payable in cash. The closing of the transaction is scheduled for the third or fourth quarter of 2023.
Kaspi.kz has entered into an agreement to acquire a 39.76% stake in Kolesa Group from Baring Vostok Private Equity Fund V, an indirect subsidiary.
The purchase price is $88,500,000, to be paid in cash. The deal is expected to close in either the third or fourth quarter of 2023.
Source: digitalbusiness.kz
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