Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Freedom Finance Investment Company is an investment company that is a part of Freedom Holdings, trading symbol FRHC. The company is engaged in investment banking, asset management, and capital markets services. Its main area of focus is in the American stock market, as well as the markets of Russia and Kazakhstan.

 
 
 
 

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Glob.Revenue, mln.USD
1395

Freedom Holding Completes Sale of Russian Subsidiaries.

The Company Statement
August 15, 2023

Freedom Holding Corp. (Nasdaq: FRHC) on October 19, 2022 announced that it has entered into an agreement to sell its Russian subsidiary, Investment Company Freedom Finance LLC (“Freedom RU”), together with Freedom RU’s subsidiary FFIN Bank LLC (such companies together the “Russian Subsidiaries”). The transaction is subject to the approval of the Central Bank of the Russian Federation and is expected to close in the coming months.

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Statements Archive
August 29, 2024Kazakh bank suspends transfers via Russian payment system
August 12, 2024Freedom Holding Corp. Earns $450 Million in Q1 FY25
March 18, 2024The court arrested the property of Freedom Holding shareholder Timur Turlov based on the claim of the DIA
February 27, 2024Kazakh bank Freedom Finance has banned transactions with Mir cards
February 12, 2024Freedom Holding Corp. Revenue at the end of the third quarter of the 2024 financial year amounted to $418.6 million - FREEDOM FINANCE UKRAINE LLC
October 07, 2023The United States has launched an investigation into Freedom Holding, whose owner came under Ukrainian sanctions.
October 06, 2023Kazakh fintech Freedom Holding is being investigated by DOJ, SEC, documents show
October 06, 2023The US Ministry of Justice and the SEC began an investigation into Freedom Holding, the owner of which fell under the sanctions of Ukraine
August 17, 2023Hindenburg target Freedom Holding to keep working with non-sanctioned Russians
August 04, 2023Freedom Holding Corp - Fiscal Year 2023 results
March 27, 2023Freedom Holding Corp. Russian Divestiture Approved and Completed
February 28, 2023Freedom Holding Completes Sale of Russian Subsidiaries
October 30, 2022Yale's SOM List
October 19, 2022Freedom Holding Corp. (FRHC) Enters into Agreement to Sell Russian Businesses
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