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Dmitriy Firtash agrees to purchase majority stake in Nadra Bank

Dmitriy Firtash agrees to purchase majority stake in Nadra Bank

10 November 2008

In an emailed statement to major press outlets on Friday, Dmitriy Firtash, the Ukrainian billionaire behind Group DF, said he planned to acquire a majority stake in Nadra Bank (NADR). According to him, the deal will be completed within weeks; details of the transaction were not disclosed. Daily Ekonomicheskie Izvestia said last week that Firtash planned to buy an 86.7% stake in the bank, Ukraine’s #7 largest by assets.

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