“This share costs approximately 10 bln roubles, the experts assess. Last year, OBI hadn’t been developing in Russia as quickly, as the retailer expected: only one shop was opened instead of planned five or six”, - says the article.
According to the newspaper, OBI GmbH acquired 24,5% of the retailer. Transferring of this share package is a part of the buy-out transaction of 49% of authorized capital of “Do-It-Yourself” LLC.
Now OBI GmbH holds 75,5% of of “Do-It-Yourself” shares, and OBI Holding — 24,5%.
However, when executing the transaction, the order and time of the application submission have been infringed, as a result of what the Federal Antimonopoly Service initiated an administrative case against OBI GmbH.