US imposes sanctions after aborted sale of Russian tycoon stake
WASHINGTON/FRANKFURT (Reuters) -The U.S. Treasury has sanctioned a web of Russian companies it said were used to disguise ownership of a $1.6 billion industrial stake controlled by a Russian tycoon, warning Western companies to steer clear of such deals. The step concerns a recently aborted bid by Austria’s Raiffeisen Bank International (RBI) to buy a …
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