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Basic Element ready to buy 100 % of Russia’s No.2 insurer

Published: 11 February, 2008, 07:05


Basic Element, the majority shareholder in Russia’s number two insurer, Ingosstrakh, is ready to buy 100 per cent control of the company. Billionaire Oleg Deripaska’s holding is in talks to buy out minority shareholder PPF Investments of the Czech Republi

 
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