Antitrust allows Otkritie FC Bank to buy pension fund

MOSCOW, Oct 16 (PRIME) -- Russia’s Federal Antimonopoly Service has approved a request of Otkritie Financial Corporation (FC) Bank to acquire pension fund Pensionny Kapital through the purchase of 100% in Demettaco Limited, the service said in a statement on Monday.

Other details of the deal were not disclosed.

Otkritie FC Bank is undergoing a bailout launched by the central bank at the end of August.

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