CEO: VTB studies Vozrozhdenie assets for possible purchase
MOSCOW, Jul 18 (PRIME) -- RussiaТs second biggest lender VTB Bank is still studying assets of Vozrozhdenie Bank for a possible acquisition, CEO Andrei Kostin told reporters on Thursday.
УThere are new circumstances of a legal character there. (The deal) can be closed only when there are clean, legally good documents. We are currently studying whatТs going on there,Ф Kostin said.
УLawyers are dealing with it, until it is not clear if the assets are clean or not, there will certainly be no deal. If the assets are cleared and there is confirmation that all legal issues have been solved, the deal will probably take place.Ф