VTB Bank (public joint-stock company) completed the acquisition of 14.99% stake in Public joint-stock company Vozrozhdenie Bank.
VTB Bank (public joint-stock company) (LSE:VTBR) completed the acquisition of 14.99% stake in Public joint-stock company Vozrozhdenie Bank (MISX:VZRZ) in January 2019. VTB Bank acquired 2.68 million shares equivalent to 11.3% stake. As of March 14, 2019, VTB Bank launched a squeeze-out of the remaining 3.7% stake.