CEO: VTB studies Vozrozhdenie assets for possible purchase - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

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

End

18.07.2018 16:04
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.0737 -0.0189 14 nov
USD 67.6812 +0.1574 14 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1092.89 -0.65 10:06 14 nov
micex 2364.30 -0.45 10:06 14 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 148.83 -1.37 18:49 13 nov
lkoh 4959.50 -3.30 18:49 13 nov
rosn 443.60 -4.29 18:49 13 nov
sber 196.56 -0.13 18:49 13 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.2025 -0.0525 14:59 13 nov
USDTD 67.6950 +0.2650 17:44 13 nov