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Sovereign Wealth Funds Briefing - Categorized | Investment

MDM Bank seeks Arab, Asian sovereign wealth investors

Posted on 11 August 2011

MDM Bank, Russia’s second largest private lender, is holding talks with some Asian and Arabic sovereign investment funds, including Abu Dhabi Investment Authority and Investment Corporation of Dubai.
MDM, whose shareholders include businessman Sergey Popov with a 56.3 percent stake and Igor Kim with 11 percent, may offer up to a blocking stake of 25 percent to the potential investor, according to Kommersant……………………………………….Full Article: Source


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