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Trinity World Management (TWM)

Company

Trinity World Management (TWM) is the Chinese investment group.

History

2018: Rostec sold the share in Yota Devices to the Chinese consortium

Rostec announced on July 24, 2018 completion of the transaction selling the share in Yota Devices to consortium led by the Chinese investment group Trinity World Management (TWM). The transaction was initiated by Rostec within the option agreement with TWM. Rostec will receive for the packet in 25.1% money and liquid securities for the amount more than 3 billion rubles. Read more here.