MOSCOW, Apr 12 (PRIME) -- The European Bank for Reconstruction and Development (EBRD) has sold its entire 9.24% stake in Russian container shipping company TransContainer to non-government pension fund Blagosostoyanie for 2.75 billion rubles, Kommersant business daily reported Tuesday citing sources.
A spokesperson for the EBRD confirmed the sale of the stake, but did not name the buyer. A spokesperson for Blagosostoyanie confirmed buying the stake from the EBRD.
Following the deal, Blagosostoyanie raised its stake in TransContainer to over 20%.
(67.1250 rubles – U.S. $1)
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