Russia’s main carriage manufacturer changed its owner

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Non-Core Assets Trust Bank sold claims on loans and its majority stake (93.6%) in United Carriage Company (UWC). This was reported by RBC referring to the bank’s president, Alexander Sokolov.

The reason for the agreement, as Sokolov explained, was “the importance of the agreement for the state.”

According to the businessman, an additional issuance resulted in a share block and the deal was completed.

Sokolov did not disclose other details about the transaction, adding only that the sale of a strategic asset for Russia is proceeding on a slightly different path than other assets the bank has sold at auction.

At the beginning of October, the Trust closed transactions on the sale of two agricultural assets: Komsomolskaya poultry farm (Perm region) and Rodnikovsky pig farm (Chelyabinsk region).

later bank exhibited For the auction of the Kostroma Building Materials Plant (KZSM) Group of Companies.

Previously the English court rejected The Mintz family’s attempt to end the Foundation lawsuit.

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