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Russia's VTB to Buy Grain Trader Mirogroup

State-controlled bank has been actively buying grain export infrastructure assets

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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 โ€œare organizing joint work based on VTBโ€™s infrastructure assets." VTB and Mirogroup declined to comment.

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