{
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001122334455554433221100

raiffeisen bank faces court ruling to acquire strabag shares amid sanctions

Raiffeisen Bank is compelled by a Kaliningrad court to purchase a 28.5 million share stake in Strabag from Rasperia for around two billion euros, despite EU sanctions against Rasperia's former owner, Oleg Deripaska. This ruling could facilitate significant asset transfers between Russian and European firms, as Strabag benefits from shedding a "toxic" shareholder and gaining access to Raiffeisen's financing. The market reacted positively, with Strabag shares soaring to an all-time high following the court's decision.
wiwo.de
Euro Japan Tobacco Inc. Raiffeisen Bank International AG PepsiCo, Inc. Philip Morris CR a.s. Strabag SE Auchan TOTALENERGIES RUS AUT UKR USA Vladislav Inozemtsev Oleg Deripaska Show more
Business & Industry, News Article
16:21 19.03.2025
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