- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Mardea Holding buys 9.7% of Bank Zenit from Nabertherm, Ruvc

Subscribe

MOSCOW, May 26 (RIA Novosti) - Cyprus-based offshore Mardea Holding Ltd. has bought 9.7% of Ordinary shares in Bank Zenit from Nabertherm Ltd. and Ruvc Ltd., the bank said Friday.

The deal will leave Nabertherm and Ruvc with 5.28% and 12.38% of shares in the bank, respectively. The sum of the deal between Mardea Holding Ltd and Bank Zenit, assigned a long-term issuer default rating of B by Fitch, has not been disclosed.

Earlier reports said that Bank Zenit, one of Russia's 30 largest banks, had issued 6 billion additional Ordinary shares with par value of 1 ruble that increased the bank's capital from 7.6 billion ($274.4 million) to 10 billion rubles ($370 million).

Following the issue, Zenit's major shareholders included Tatneft oil company (33.23%), its subsidiary Tatneft Oil AG (6.498%), Nabertherm Limited (11.68%), Ruvc Limited (15.7%), and Sgi Enterprises Limited (9.02%).

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала