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Oligarch Deripaska transfers all his Strabag shares

Summary by Die Presse
Der russische Oligarch Oleg Deripaska hat seine Strabag-Anteile an eine russische Gesellschaft übertragen. Es ist der erste Schritt für Raiffeisen, um an ihre Gewinne in Russland zu kommen. Kritische Fragen zu Sanktionen werden immer lauter.

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With the beginning of the Russian attack on Ukraine, Strabag's business ties with Russian oligarch Oleg Deripaska have become strained. The group wants to transfer its stake in the company to the Russian Iliadis - the 24.1% stake that Deripaska held until then through the MKAO Rasperia Trading Limited in Strabag. According to his plan, this narrow majority should go to the Russian subsidiary of Raiffeisen International (RBI). It is unclear wheth…

·Vienna, Austria
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Lean Left

It remains unclear whether the Russian daughter of Raiffeisen Bank International can acquire the stake as planned. Strabag still considers the share package to be subject to sanctions.

·Vienna, Austria
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Lean Right

Der russische Oligarch Oleg Deripaska hat seine Strabag-Anteile an eine russische Gesellschaft übertragen. Es ist der erste Schritt für Raiffeisen, um an ihre Gewinne in Russland zu kommen. Kritische Fragen zu Sanktionen werden immer lauter.

·Vienna, Austria
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WIEN. The complicated transaction was scheduled to be completed in the first quarter, but that is no longer possible. In the meantime, it has been announced that Deripaska has held its share in the Russian company Iliades.

·Linz, Austria
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Russian oligarch Oleg Deripaska is said to have transferred his 24.1 percent stake in construction company Strabag, held through the Cayman Islands-based Rasperia Trading Limited, to the Russian company Iliadis JSC. Strabag announced this on Wednesday in a press release. Further details are currently unknown. Whether the Russian subsidiary of Raiffeisen Bank International (RBI) will acquire the stake as planned is also unclear, according to the …

·Salzburg, Austria
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Die Presse broke the news in Vienna, Austria on Wednesday, March 27, 2024.
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