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Russia Raises $3.3 Billion Selling 10% of VTB Group

Feb. 14, 2011 - Source: Bloomberg

VTB Deputy Chairman Herbert Moos said in an interview after the sale that Assicurazioni Generali SpA, Italy's biggest insurer, bought $300 million of shares to become a “strategic partner” of the bank. U.S. buyout firm TPG capital bought $100 million ...

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VTB Bank history is the history of establishing a standard-bearer for the Russian banking industry. Nowadays, VTB plays the key role in lending to the economy and developing the retail ...


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