Date: 6 months ago   Category: Finance

VTB is ready to take part in a conclusion of En holding from under sanctions of the USA — Rambler News Service


VTB is ready to take part in a conclusion of En holding in which the Russian businessman Oleg Deripaska owns 66%, from under sanctions of the USA, RNS in the press service of VTB have reported. Earlier Deripaska has agreed to reduce the share in holding to less than 45% by transfer of stock to VTB bank, Financial Times reported. "The VTB bank welcomes any decision which will allow to bring En out of sanctions of the USA, and is ready to take part in implementation of the plan agreed with OFAC" — it is said in the statement of bank. Earlier the Financial Times newspaper has reported with reference to the final version of the offer on a conclusion of En holding sent to the Ministry of Finance of the USA from under sanctions of the USA that Oleg Deripaska has agreed to reduce the share of possession in En holding from 66% to less than 45% by transfer of securities to VTB bank. At the same time the bank is offered to transfer stocks for a while until the company is brought out of sanctions. The Ministry of Finance of the USA has imposed on April 6 sanctions against the Russian 24 physical and 14 legal entities. I have fallen under sanctions, including, the businessman Oleg Deripaska and the companies under control to him — En Group, GAZ Group, Basic Element, RUSAL. Later in the USA have specified that sanctions can be partially removed from RUSAL on condition of refusal of the businessman of control in the company. At the end of July Deripaska has left the board of directors of En.

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