EBRD sells 3.8% of Russian retailer Lenta for $140m after lock-up ends

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EBRD sells 3.8% of Russian retailer Lenta for $140m after lock-up ends

The sense that green shoots are appearing in Russian equity capital markets was strengthened on Tuesday evening (June 23) by the European Bank for Reconstruction and Development’s sale of part of its stake in Lenta, the hypermarket chain.

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