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Home | Commerzbank sells Promsvyazbank stake |
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Commerzbank sells Promsvyazbank stake
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- June 19, 2012
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Commerzbank has reported that it has closed the sale of its minority stake of 14.4% in Russian Promsvyazbank. The stake has been sold to Promsvyzabank’s majority shareholder, Promsvyaz Capital B.V., and the deal has already received the necessary regulatory approval. Commerzbank’s Russian banking activities remain unaffected by the sale, and the firm will continue to [...]
- Read more at:http://www.bankingtimes.co.uk/2012/06/19/commerzbank-sells-promsvyazbank-stake/
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