... indicators can lead to deal cancellations or changes in terms. Sectors with Noticeable Decline The M&A crisis has not affected all industries equally. The most significant reduction in activity is observed in traditional capital-intensive sectors. For instance,... ... market, facilitated by the participation of significant players. In 2024-2025, the most notable included: the acquisition of the Russian segment of "Yandex" from Yandex N.V. by a consortium of private investors ($5.2 billion), a controlling buyout ...

... conducted IPOs on foreign exchanges (in the U.S. and Europe), attracting foreign capital. The first IPO in the Russian market took place in 2002 when shares of a Russian company were first listed on the Moscow Exchange. From that moment until 2007, the Russian IPO market grew rapidly: dozens of new issuers emerged in various industries (energy, industry, technology, etc.). During this period, the mechanism of privatizing shares of state enterprises became one of the ways to expand the market, encouraging companies to go public. After the global financial crisis of 2008, IPO ...

....com Ltd (Report at 15:00 MSK): Reporting an expected increase of 29.9%. Key Russian Reports: $SBER - Sberbank: Releases RAS (Russian Accounting Standards) report for the first 10 months of 2024. $PHOR - PhosAgro: Releases its Q3 2024 IFRS financial report.... ....5%. $LYV - Live Nation Entertainment (Report at 00:05 MSK): Projected decrease of 3.0%. 1. European Market Events Germany Industrial Production (September) — Published at 07:00 GMT Germany’s industrial production data provides insight into the ...

... Manufacturing PMI for November This indicator is crucial for assessing conditions in the manufacturing sector. A rise in ISM above expectations could increase interest in U.S. assets. 18:00 MSK: USA - Factory Orders for October This figure signals prospects for industrial growth. An increase in orders would positively impact GDP expectations. 18:30 MSK: USA - EIA Oil Inventories Inventory data will influence global oil prices. A decrease in inventories typically supports price increases, benefiting Russian oil companies. 21:45 MSK: USA - Speech by Fed Chair Powell Markets will await comments on monetary policy prospects. Signals about further rate hikes could strengthen the dollar. 22:00 MSK: USA - Publication of Fed's Beige Book This report reflects ...

... defense. Investors are diversifying their portfolios, making the innovation ecosystem more resilient to overheating in specific industries. Consolidation and M&A Deals: Enlarging Players High company valuations and fierce competition for markets are pushing ... ... Qummy secured 440 million rubles at a valuation of ~2.4 billion rubles). Foreign investors are again allowed to make deals in Russian projects. Although the volumes of venture investments in the region are still modest, they are growing: in the first half ...