MOSCOW, Nov 28 (PRIME) -- A consortium of the Russian Direct Investment Fund (RDIF), Adu Dhabi’s Mubadala Investment Company, and other Middle Eastern funds have acquired 22.5% in Russian Fitness Group, owner of one of the country’s largest fitness gyms World Class, from VTB Capital for an undisclosed sum, the RDIF said in a statement on Wednesday.
The consortium plans to invest in further expansion of Russian Fitness Group in Russia, the CIS states, and Europe.
“With the help of this project and MMA-industry company UFC Russia that we created in partnership with Mubadala earlier, the RDIF promotes expansion and popularization of sports in Russia,” the fund said quoting CEO Kirill Dmitriev.
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