UPDATE 1-Detained U.S. investor loses control of Russia’s Vostochny Bank
Russian private equity fund
Baring Vostok said on Wednesday it has ceded a 9.99% stake in
Vostochny Bank to the lender’s other big shareholder following a
legal battle, meaning it is no longer the majority shareholder.
Baring Vostok said on Wednesday it has ceded a 9.99% stake in
Vostochny Bank to the lender’s other big shareholder following a
legal battle, meaning it is no longer the majority shareholder.
Posted by Reuters
