VTB Capital Has Bought 4,35% of En+ Group Shares From Oleg Deripaska

Investment banking outlet of VTB bank called VTB Capital has recently closed the purchase deal of 4,35% of EN+ Group shares from Oleg Deripaska for $500 million, Russian newspaper Vedomosti has reported.  

VTB Capital has bought this stake from Basic Element company — the operator of all Oleg Deripaska assets. “We see huge potential in En+ Group’s growth connected mainly to the development of cooperation between Russia and China in energetic, metallurgical and mining spheres”, chairman of the board of VTB Capital Yuri Soloviev has noted. 

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