Report

ATON DAILY (TRNFP, MMK, SBER, HYDR) // August 4

● Transneft CEO (Trnfp rx, NR) believes company's preferred shares could be converted into commons

● MMK (MMK LI; BUY - TP $9) 2Q17 IFRS results preview

â–² Sberbank (SBER RX, TP: RUB210/BUY) launches MVNO operator

● RusHydro (HYDR RX; BUY; TP RUB1.20) launches Nizhne-Bureyskaya HPP

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Aton
Aton

Since its inception in 1991, ATON has built a reputation for combining in-depth local knowledge of the Russian market with the highest international standards in research, sales and trade execution. As a result, we have been able to attract many of the leading domestic and international institutional fund management groups as our clients. As one of the leading independent investment banks in Russia, we offer the full range of institutional brokerage service, including:

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