Mergers & Acquisitions
New Investment Products & Services
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Wealth and Asset Management
MDM Bank seeks Arab, Asian sovereign wealth investors
MDM, whose shareholders include businessman Sergey Popov with a 56.3 percent stake and Igor Kim with 11 percent, may offer up to a blocking stake of 25 percent to the potential investor, according to Kommersant. The bank merged with URSA merged with Siberian-based Ursa in December 2008.
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