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 75.5841 -0.0489 19 jan
USD 66.3309 -0.1129 19 jan
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1176.42 +1.67 18:50 18 jan
micex 2473.61 +1.06 18:50 18 jan
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 159.20 +1.34 18:49 18 jan
lkoh 5193.50 +0.17 18:49 18 jan
rosn 419.70 +0.91 18:48 18 jan
sber 208.44 +2.52 18:49 18 jan
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.6150 -0.1575 14:59 18 jan
USDTD 66.3225 -0.2800 17:44 18 jan