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Announced

Completed

Renaissance Capital completed the acquisition of the Russian subsidiary from Citigroup.

Synopsis

Renaissance Capital, an emerging and frontier markets focused investment bank, completed the acquisition of the Russian subsidiary from Citigroup, an American multinational investment bank and financial services company. Financial terms were not disclosed.

Principals

Rencap Bank (ex Citigroup's Russian Subsidiary - Ao Citibank)

target

Rencap Bank (ex Citigroup's Russian Subsidiary - Ao Citibank)

Renaissance Capital (rencap)

bidder

Renaissance Capital (rencap)

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MergerLinks - Renaissance Capital completed the acquisition of the Russian subsidiary from Citigroup.