Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, November 26, 2014

BRIEF-Mail.Ru says Qiwi Group to acquire payment service Money.Mail.Ru, (NASDAQ: QIWI)

Mail.Ru Group Ltd : * Money.Mail.Ru to become a part of Qiwi Group* Qiwi Plc acquires Money.Mail.Ru project from Mail.Ru Group* After completion of transition period all Money.Mail.Ru transactions will be settled by Qiwi* Additional details are to be determined during integration of Money.Mail.Ru processing service with Qiwi Source text for Eikon: Further company coverage:

QIWI plc. is a provider of payment services in Russia and Commonwealth of Independent States (CIS). Shares of QIWI fell by 4.58% or $-1.35/share to $28.15. In the past year, the shares have traded as low as $26.14 and as high as $59.24. On average, 551725 shares of QIWI exchange hands on a given day and today's volume is recorded at 254487.