RCIF Stake Sale in Children’s Retailer Detsky Mir Blocked By Courts

Posted on 12/16/2017


A joint offering of shares of in Detsky Mir by by the Russia-China Investment Fund (RCIF) and Sistema was blocked by a Russian court at the request of state-controlled oil company Rosneft. Sistema’s 50% stake in the company was frozen as part of the injunction, which also froze its holdings in other companies, including MTS-Bank, […]

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