Date: 7 months ago   Category: Finance

VTB and Bonum Capital have settled terms of purchase of "Renaissance" — Rambler News Service


Photo: Alexander Shcherbak / TASS of VTB and Bonum Capital fund have settled key terms of transaction on acquisition of VTB Bank "Renaissance", the corresponding memorandum has been signed by the parties, have reported in the press service of VTB. "VTB and Bonum Capital fund (Cyprus) of LTD have reached the agreement on key terms of transaction on acquisition of VTB Bank "Renaissance". The corresponding memorandum has been signed by the parties", - it is said in the statement. In the message it is noted that, according to the reached agreements with the Bonum Capital fund acting as the organizer of transaction, VTB intends to acquire not less than 75% of Vozrozhdeniye. It is noted that "the parties plan to close the transaction in September after receiving all necessary regulatory coordination and corporate decisions of VTB Group". Have added to VTB that the board member of VTB Gennady Soldatenkov will be appointed the head of Vozrozhdeniye. According to VTB, the acting chairman of the board of Vozrozhdeniye bank Mark Nakhmanovich will continue the work in bank as the vice-chairman of the board of directors.

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