Volga | Finance, business

Svyazinvestneftekhim to get 50% in Ak Bars Bank

11 Aug '09
The Federal Antimonopoly Service (FAS) has satisfied a petition, filed by Tatarstan state-run investment company Svyazinvestneftekhim (SINKh), to purchase 50% shares in Ak Bars Bank, the FAS reports.

The purchase will reportedly bring the companys share in the bank to 52.796%.

Ak Bars and SINKh wouldnt comment on the deal.
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