Raiffeisen Bank International is withdrawing from a 1.5 billion Euro deal to acquire 27.78% of Strabag SE's stock from Oleg Deripaska. The US has cautioned that the buyer may face sanctions. Raiffeisen also canceled an AT1 bond deal due to concerns over its Russia dealings, leading to a decline in its shares and bonds.
HSBC's Russian unit sale could see discount as high as 90%, Frank Media reports https://t.co/8lGVfKUR35 https://t.co/SxkaZCLc7r
⚠️ RAIFFEISEN SHARES, BONDS FALL AGAIN AS US PRESSES BANK TO DROP RUSSIA DEAL Full Story → https://t.co/LfQpqVVEwJ Raiffeisen's share and bonds fell again on Thursday, after Reuters reported earlier this week that Washington was pressing the Austrian bank to cancel a deal… https://t.co/DYVQsTH7WN
Raiffeisen Bank Hit by Fresh Doubts Over Russia Exit Plan https://t.co/1HMAverhiD
Full story on Raiffeisen’s pulled bond deal from @EuanHealy https://t.co/CgF1FYnMj1 https://t.co/sEskmhiMKk
Raiffeisen pulls AT1 bond deal over Russia deal fears https://t.co/SXToAbCTsE
Ru business news 20/Mar/2024 part 2: Raiffeisen Bank International is backing out of the deal to purchase for 1,5 billion Euro 27,78% of the stock of Strabag SE owned by Oleg Deripaska. The US warned that the buyer will fall under US sanctions. https://t.co/uENJWSHiXu