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Rosbank is a heavyweight in the Russian banking sector, and Societe Generale was the majority shareholder. “After several weeks of intensive work,” the bank said in a statement, it had signed an agreement with Russian investment fund Interros Capital to sell all of its stake in Rosbank as well as its insurance subsidiaries in Russia.
Interros is one of the largest funds in the country, which holds assets in heavy industry and metallurgy.
Source: News Formal (newsformal.com)
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