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  • Sberbank buys stake in Mostovik
Russia Banking & Finance Transport infrastructure & Logistics

Sberbank buys stake in Mostovik

05/05/2014

Sberbank has bought a 20% share in the Omsk-based civil engineering company Mostovik after it filed for bankruptcy last month. Mostovik was one of the contractors responsible for the construction of facilities for the winter Olympics complex at Sochi, but has been struggling with nearly RUB19bn of debt. ITAR-TASS

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Topics: bankruptcies & liquidations, M&A

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