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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar commits to Russian bank’s $3bln share deal

Posted on 30 April 2013

Qatar Holding, the Gulf country’s rich sovereign wealth fund, has made a “binding” commitment to invest in VTB Bank’s $3bn public share offering, according to the Russian lender.
VTB, Russia’s second largest lender, is issuing 2.5 trillion new shares to help boost its equity capital and strengthen its shareholder base with new strategic investors. It is expected to raise RUB102.5bn ($3.28bn)………………………………………..Full Article: Source


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