August 15, 2019 / 10:15 AM / 9 days ago

Russia's VTB Bank buys local grain trader Miro

MOSCOW, Aug 15 (Reuters) - Russian state-controlled bank VTB , which has been actively buying grain export infrastructure assets in the country, said on Thursday that it had completed its purchase of a 70 percent stake in local grain trader Mirogroup.

Mirogroup has an extensive network of regional representative offices, long-term partnerships with agricultural producers and infrastructure enterprises, VTB said in a statement. (Reporting by Tatiana Voronova; writing by Polina Devitt; editing by Tom Balmforth)

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