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Strategies & Market Trends : Investment in Russia and Eastern Europe
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To: Thomas Haegin who wrote (79)4/28/1998 4:06:00 PM
From: Real Man  Read Replies (1) of 1301
 
Just looking at daily news. Here is something for you.

MOSCOW, April 28 (AFP) - Russian gas giant Gazprom is to boost
its stake in Russia's second largest bank, Inkombank, to 25 percent
plus one share by the end of the year, an Inkombank spokesman said.
The spokesman told AFP that Gazprom would increase its current
four percent shareholding to 25 percent plus one share by buying up
much of a new share issue which Inkombank is planning.
The stake will give Gazprom a blocking minority in Inkombank,
Russia's second largest bank in terms of assets and the third in
terms of branches around the country.
Gazprom, Russia's largest company the producer of one quarter of
the world's natural gas, already holds stakes in four Russian banks,
including Imperial bank, which also figures among the top 10 banks
in the country.
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