Russia’s VTB to Buy Grain Trader Mirogroup
State-controlled bank has been actively buying grain export infrastructure assets
Russian state-controlled bank VTB, which has been actively buying grain export infrastructure assets, is preparing to buy a stake in major local grain trader Mirogroup, a source familiar with the talks and a grain industry source said.
According to a report from Reuters, Mirogroup and VTB “are organizing joint work based on VTB’s infrastructure assets." VTB and Mirogroup declined to comment.