Russia's VTB says purchase of Magnit retailer did not impact capital

Published February 26, 2018 Updated February 26, 2018 11:37am

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By Shoaib Ur Rehman Reuters

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Businessman Sergey Galitskiy sold most of his stake of Magnit to state lender VTB for about 138 billion roubles ($2.5 billion) less than two weeks ago.

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