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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

SOFAZ buys shares of VTB Bank

Posted on 30 April 2013

State Oil Fund of Azerbaijan, Qatar Sovereign Fund and Norway Sovereign Fund were selected as strategic investors in placement of additional share emission of VTB Bank.According to APA-Economics, the volume of the issue is RR 102.5 bln (quantity – 2.5 trilions, face value – RR 0.041).
Note that the emission has already been registered by Russian Bank. The prices are 9% lower than market quotations………………………………………..Full Article: Source


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