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Announced

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Marathon Group and Agronova JSC completed the acquisition of a 49.99% stake in Demetra Holding from VTB Bank for $1bn..

Synopsis

Marathon Group, a diversified investment company, and Agronova JSC, an agricultural company, completed the acquisition of a 49.99% stake in Demetra Holding, a Russain infrastructure holding company, from VTB Bank, a global provider of financial services, for $1bn. Financial terms were not disclosed.

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