Potanin sold a 7.5% stake in Rosbank to the investment company Rusfinance
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Businessman Vladimir Potanin sold a 7.5% stake in Rosbank to the investment company Rusfinance. About it should from the materials of the Center for Disclosure of Corporate Information.
As writes Frank Media, the sold shares will be transferred to Rosbank employees through digital financial assets as part of the bank’s incentive program. The company called this decision “people’s capitalism” and added that this is how they turn employees into their beneficiaries.
Earlier in September, Vladimir Potanin’s Interros announced that it would transfer a 50% stake in Rosbank to the entrepreneur’s charitable endowment fund. It was expected that as a result, the target capital of the fund would amount to 100 billion rubles.
Vladimir Potanin’s investment company Interros Capital acquired Rosbank in mid-May from the French banking group Societe Generale. By information “Kommersant”, the cost of the transaction amounted to 0.2–0.3 capital (40–60 billion rubles). In June, in response to the acquisition of the bank, the UK imposed sanctions on Mr. Potanin.
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