Report: Kerimov in talks to buy Russias Bank Vozrozhdenie - Financial Wire - 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

Report: Kerimov in talks to buy Russias Bank Vozrozhdenie

MOSCOW, Feb 7 (PRIME) -- Russian businessman and lawmaker Suleiman Kerimov is in talks with the majority shareholders of Bank Vozrozhdenie about buying their stake in the lender, Reuters reported on Wednesday, citing two sources close to the talks.

The banks majority owners, brothers Dmitry and Alexei Ananyev, are required by the Russian central bank to reduce their stake to 10%, under the terms of a bailout for another lender the brothers controlled.

The two sources said Kerimov, whose family control Russias top gold producer Polyus, is one of the possible buyers of Bank Vozrozhdenie in talks with the Ananyev brothers, and that no deal had yet been signed.

Vozrozhdenie is Russias 36th biggest bank by assets.

One of the sources said that Kerimov, who is under investigation by French prosecutors for tax fraud, planned to travel from France to Russia to finalize the deal. Kerimov has denied the prosecutors allegations, Russian media have reported.

Kerimov was arrested at Nice airport in the south of France in November last year. A judge said he could be released while his case is being investigated, but he would have to seek permission to travel outside the Nice region.

Jean-Michel Pretre, the Nice prosecutor, told Reuters that Kerimov has asked to go back to Russia for personal reasons. The prosecutor did not specify the dates or whether Kerimov had already left France but said prosecutors had no objections for the trip.

A representative for Kerimov in Russias upper house of parliament, where Kerimov is a lawmaker, did not reply to a Reuters request for a comment. Both Dmitry and Alexei Ananyev declined to comment on the talks.

The two sources, and a third banking source, said that Russian pension fund Blagosostoyanie was another contender to buy Vozrozhdenie.

Last week, Vozrozhdenie published a list of candidates for its board of directors that included the name of Yury Novozhilov, executive director of Blagosostoyanie. The list was later withdrawn.

Both Blagosostoyanie and Bank Vozrozhdenie did not reply to a Reuters request seeking a comment. VTB, Russias number two bank, last month publicly expressed its interest in buying Bank Vozrozhdenie.

End

07.02.2018 19:04
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.0926 +0.2850 13 nov
USD 67.5238 +0.6741 13 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1114.75 -0.59 18:50 12 nov
micex 2393.81 -0.40 18:50 12 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 150.89 -1.50 18:49 12 nov
lkoh 5129.00 +0.68 18:49 12 nov
rosn 463.50 -1.09 18:49 12 nov
sber 196.82 +0.55 18:49 12 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.2550 -0.1300 14:59 12 nov
USDTD 67.4300 +1.0275 17:44 09 nov