Wealth and Asset Management
Alfa-Bank owners discuss sale with VTB and UniCredit, sources say
The billionaire owners of Alfa-Bank, Russia’s largest private lender by assets, have approached competitors including state-run VTB and Italy’s UniCredit to discuss a possible sale, according to seven people familiar with the talks. Mikhail Fridman, Alfa Group chairman, has sought $7bn-$8bn for Alfa-Bank, the people said, in line with its…
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Click here to read the full story: Financial Times