Goldman invests in Russian exercise chaim


Teaming with VTB Capital to buy a 50% stake in Russian Fitness Group, Goldman Sachs (GS) is looking to capitalize on the country's growing enthusiasm for working out. Goldman had owned a minority stake since 2006.

Russian Fitness Group - an owner of the World Class and FIsKult chains - has 60 clubs in 22 cities with 109K members after 21 years in business. The World Class group plans to open nine more clubs this year.

From other sites
Comments (1)
  • al roman
    , contributor
    Comments (16557) | Send Message
     
    Now our Comrades can put (MCD) (CPB) to good use and look good too with the help of (GS).
    3 Feb 2014, 08:16 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs