Suleiman Kerimov sells stake in VTB bank

Suleiman Kerimov sells stake in VTB bank

The well-known Russian businessman Suleiman Kerimov sold his shares in VTB bank last year. 


The shares were sold in more than one sale, Vedomosti newspaper reports with reference to a source close to the Russian businessman. He did not disclose the price or total value of the deal.


Suleiman Kerimov bought a $500 million stake in 2011 and a $500 million stake in 2013, owning 4% of VTB.

 

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