Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of external consultants.
Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of external consultants. 
English (US) 