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


18.07.2018 16:04
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 77.6844 -0.3909 25 sep
USD 66.1594 -0.0903 25 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1162.96 +1.17 18:36 24 sep
micex 2429.33 +0.10 18:36 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 158.44 -0.13 18:19 24 sep
lkoh 4794.50 +1.20 18:19 24 sep
rosn 447.95 +1.71 18:19 24 sep
sber 198.14 +2.43 18:19 24 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 77.5600 -0.8850 14:59 24 sep
USDTD 65.7650 -0.7025 17:44 24 sep