SOCHI, Feb 16 (PRIME)
VTB pays 138 bln rbl for 29% in Magnit, becomes top ownerSOCHI, Feb 16 (PRIME) -- VTB Bank has acquired a 29.1% stake in Russian retailer Magnit from its founder Sergei Galitsky for about 138 billion rubles and has become its largest owner, according to Friday statements by the bank’s CEO Andrei Kostin and Magnit.
Antitrust sees agreement on Bayer, Monsanto merger till June
SOCHI, Feb 16 (PRIME)Russia’s Federal Antimonopoly Service plans to agree on a U.S. $66 billion merger between German chemical and pharmaceutical company Bayer and the U.S. Monsanto until June, the deadline for the deal, Deputy Director Andrei Tsyganov told PRIME on Friday.
Merkel sees no threat for EU energy safety from Nord Stream-2
MOSCOW, Feb 16 (PRIME)Germany sees Russia’s Nord Stream-2 natural gas pipeline project as no threat to energy diversification of the E.U., German Chancellor Angela Merkel said on Friday in a news conference following her meeting with Poland’s Prime Minister Mateusz Morawiecki.
RUSAL, Abramovich want fast hearings of Norilsk Nickel case
LONDON/MOSCOW, Feb 16 (PRIME)Lawyers representing Russian aluminum giant UC RUSAL and tycoon Roman Abramovich have asked a London court for expedited hearings of a case on a sale of a stake in metals giant Norilsk Nickel to rule on it by June, according to information obtained by PRIME in the court on Friday.
VK users say social networks restores functioning
MOSCOW, Feb 16 (PRIME)Russia’s largest social network VKontakte has resumed work, according to users’ messages, as seen by PRIME on Friday.
BEIJING, Feb 12 (PRIME) -- Russia’s Federal Customs Service is fulfilling a comprehensive development program to become fully electronic by 2020, First Deputy Director Ruslan Davydov told PRIME in an interview on Monday.