Volga | Finance, business

Luxemburg's Clearstream buys 10% of MSRK

19 Sep '08
Luxemburg's clearing company Clearstream Banking S.A. has become a shareholder of Nizhny Novgorod's power supplier MRSK Center and Privolzhye with a 10.7806% stake of common shares, MRSK reported today.

The purchase price was not announced.
MRSK Center and Privolzhye is a major energy supplier of Vladimir, Ivanovo, Kaluga, Kirov, Nizhny Novgorod, Ryazan and Tula regions and republics of Mari El and Udmurtia.

Clearstream Banking S.A. is a subsidiary of Deutshe Bank AG, which has increased its stake in MRSK Center and Privolzhye from 5% to 5.59% of common shares.
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