The Moscow Times
International · 1 hrs ago
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UniCredit to Sell Part of Russian Subsidiary to UAE Investor
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Italian banking group UniCredit is selling a stake in its Russian subsidiary to a UAE-based investor, with the transaction expected to close in early 2027 and result in approximately $3.5 billion in profit charges.
UniCredit to Sell Part of Russian Subsidiary to UAE Investor
UniCredit said the deal is expected to close in the first half of 2027 and will result in a hit to profits of around $3.5 billion.
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