QIWI Announces the Sale of its stake in Tochka Project
NICOSIA, Cyprus, July 21, 2021 (GLOBE NEWSWIRE) -- QIWI plc (NASDAQ:QIWI) (MOEX: QIWI) ("QIWI" or the "Company"), a leading provider of next generation payment and financial services in Russia and the CIS, today announced that it has entered into an agreement to sell its stake in JSC Tochka ("Tochka") to Bank Otkritie Financial Corporation PJSC ("Otkritie Bank"). Assets to be disposed Tochka is QIWI's equity associate that was established by QIWI, Otkritie Bank and Tochka's management team in June 2018. QIWI Bank and Otkritie Bank both provide banking services to Tochka clients, while Tochka handles IT infrastructure, support and related services. Tochka offers its clients, who are prim
