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Swiss banks freeze Vekselberg’s accounts

#Vekselberg is preparing to sue the banks arguing that he opened them legally in Switzerland.

Marathon “is more likely to increase its stake” in Magnit

Russia-based Marathon Group has bought 12 percent in Russian food retailer #Magnit for $1bn. The deal follows the acquisition Sergey #Galitsky's stake by VTB.

E.U. Settles With Gazprom Over Antitrust Charges

The European Commission said on Thursday that it had reached a settlement with #Gazprom, finally concluding a long-running antitrust investigation into the Russian energy giant’s dominance in regional gas markets.

VTB sells nearly half of its stake in food retailer Magnit

Several months after acquiring 29 percent in largest domestic food retailer #Magnit, Russian banking group #VTB has sold nearly half of it. The shares have been acquired by the local investment group Marathon, founded by #A1 team members.

Russian oligarch under sanctions gets aid from partners to safeguard his assets

#Deripaska has exchanged his stakes worth $250 for assets of his Renova partners

Inter RAO to buy out its shares from FSK and RusHydro

Together with #Rosneftegaz, the utility could consolidate nearly 70 percent of its shares

$9-billion deal to sell a stake in Rosneft collapses

Qatar fund QIA will become third largest shareholder of Russia’s oil giant #Rosneft after the government and BP

Rosneft turns heads with new ‘organic’ market flirt

Russia's major oil producer, Rosneft, has unveiled plans to ease back on development plans, tighten up on its debt profile, and a $2 bln...

Former Post of Russia head becomes CEO of Eurochem

Dmitry Strashnov will become #Eurochem CEO. He faces ambitious tasks: this year the company will start potash chloride production and plans to bring its global market share to 10%.

Bloomberg sees risks for Surgutneftegas and its $44 bn cash pile

Bloomberg sees risks that U.S. may hit Russia's #Surgutneftegas after sanctioning CEO. The company may be stuck with cash if curbs are imposed.