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Reuters reported Russia’s VTB Bank has bought a 20% stake in Metalloinvest.
Reuters reported Russia’s VTB Bank has bought a 20% stake in Metalloinvest.
As quoted in the market news:
The deal is valued at about $2.5 billion, according to a press release issued by law firm Dewey & LeBoeuf, which said it advised on the deal. That would imply a value for Metalloinvest of about $12.5 billion.