Russia's Federal Antimonopoly Service granted the application of Fenti Development Limited for the acquisition of the right to direct the business of CJSC Promsfera through the purchase of 50% of the shares in Wemor Limited.
As a result of this transaction, Fenti will increase its interest in Wemor to 100%.
Wemor Limited owns 100% of the voting shares in Promsfera.
Fenti Development Limited is engaged in investment activities.
The core business of CJSC Promsfera is the leasing of own non-residential real estate.