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Russia’s MICEX-RTS stock exchange stakes acquired The EBRD and the Russian Direct Investment Fund (RDIF) have agreed to acquire 6.29 % and 1.25% stakes respectively in Russia’s MICEX-RTS stock exchange. The investment is part of a long-term strategy to promote the development of local capital markets in Russia and broaden the regional and international appeal of this recently unified exchange. The EBRD and RDIF’s equity investments support Russia’s goal of transforming Moscow into a globally important and competitive international financial hub. |
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ENDLESS SELLS STAKE IN ACENTA STEEL
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