VTB Receives Major Backing from Sovereign Investors
Posted on 05/22/2013
VTB Bank has finalized its 102.5 billion roubles (US$ 3.3 billion) offering of new ordinary shares. Qatar Holding, the State Oil Fund of Azerbaijan, Norges Bank Investment Management and China Construction Bank have purchased 55% of the new shares issued. VTB chairman Andrei Kostin mentioned the three sovereign funds investing about US$ 500 million each. […]
- China Construction Bank
- Deals
- Norges Bank Investment Management
- Norway Government Pension Fund Global
- Qatar Holding
- Qatar Investment Authority
- Russia
- SOFAZ
- VTB Group