Rodovid to sell 39% stake to ISTIL?
12 January 2009
Daily Kommersant reported today that Rodovid Bank (RODB) is considering the sale of a 39% stake in the bank and 51% of the processing center Ukrainian Financial Network to International Steel & Tube Industries Ltd – with a deal set to be signed by February 17. In late December, Ukrainian media reported that ISTIL was prepared to pay USD 100 mln for 39.168% of the bank and 51% of Ukrainian Financial Network.
