Media & Resources

New conditions for the Government Commission’s consent

DATE: September 12, 2023 | AUTHOR: AT

On July 7, the Government Commission in Decision No. 171/5 updated a number of conditions under which permission is granted for transactions with shares and interests in Russian companies with the participation of ” non-friendly foreigners”.

New conditions are as follows:

  • the option to reverse purchase of stocks or shares by a foreign person must be concluded for a period not exceeding 2 years
  • placement of up to 20% of PJSC shares offered for sale to a foreign person by the buyer at stock auctions


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