Russia’s Sberbank says it has sold its 43% stake in Croatia’s Fortenova

Russia’s Sberbank says it has sold its 43% stake in Croatia’s Fortenova

Russia’s Sberbank says it has sold its 43% stake in Croatia’s Fortenova

Nov 2 (Reuters) – Russian state bank Sberbank Rossii PAO (SBER.MM) said on Wednesday that it had sold its 43% stake in Croatian food producer and retailer Fortenova Grupa but did not give a reason.In a brief statement, Sberbank said the stake had been bought by Saif Bin Markhan Alketbi , an investor from the United Arab Emirates .

Russia’s Sberbank says it has sold its 43% stake in Croatia’s Fortenova.

Nov 2 (Reuters) – Russian state bank Sberbank Rossii PAO (SBER.MM) said on Wednesday that it had sold its 43% stake in Croatian food producer and retailer Fortenova Grupa but did not give a reason.

In a brief statement, Sberbank said the stake had been bought by Saif Bin Markhan Alketbi, an investor from the United Arab Emirates.