Octo Telematics’ Execs to Buy 20% of Russian Shareholder Stake, Paving Way for IPO

By L.S. Howard Italy’s Octo Telematics announced that its chairman and chief executive have signed a binding agreement to purchase 20 percent of Octo’s shares from Russian company Renova Holdings. This share purchase will reduce Renova’s shareholding in the company to 48.55 percent, …

Source:: Octo Telematics’ Execs to Buy 20% of Russian Shareholder Stake, Paving Way for IPO