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KIT Finans Investitsionnyi bank OAO Receives Permission From FAS To Acquire 99.29% Stake in Bavariya OAO-AK&M

Sunday, 28 Oct 2012 08:00pm EDT 

AK&M reported that Federal Antimonopoly Service (FAS) has provided KIT Finans Investitsionnyi bank OAO with the permission for the acquisition of a 99.29% stake in Bavariya OAO. Currently, 90% of Bavariya OAO's stake belongs to Nevskiy Capital Partners. Financial details were not disclosed. 

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