March 4, 2019 / 5:47 PM / 16 days ago

Russia's Sberbank acquires stake in Russian KFC franchisee

MOSCOW, March 4 (Reuters) - Russia’s Sberbank has acquired a 9.99 percent stake in Ei Kei Restaurants Russia, a KFC franchisee, the state-owned bank said on Monday.

Reporting by Tatiana Voronova, writing by Maria Tsvetkova

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