September 10, 2018 / 12:36 PM / in a month

Japan's SBI Holdings to invest in Russia's Sovcombank

MOSCOW, Sept 10 (Reuters) - Japan’s SBI Holdings will become a co-investor in Russia’s Sovcombank along with the Russia-China Investment Fund, Russian Direct Investment Fund said on Monday.

The participation of SBI Holdings is a step towards Sovcombank’s initial public offering (IPO), the state-controlled investment fund said. (Moscow Newsroom Moscow.newsroom@thomsonreuters.com; +7 495 775 1242)

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