Sberbank of Russia and the shareholders of Volksbank International AG (VBI), (Österreichische Volksbanken-AG, BPCE S.A., DZ BANK AG and WGZ BANK AG), have signed a definitive agreement whereby Sberbank will acquire 100% of VBI. The acquisition excludes Romanian subsidiary VB Romania, with the deal price equal to book value in 2011 and varying from €585m [...]
