URGENT: VTB to acquire 74% of Dynamo Moscow football club
10.04.2009
MOSCOW, April 10 (RIA Novosti) - VTB bank is
acquiring 74% of Dynamo Moscow and 75% minus one share in the
Dynamo management company that is in charge of rebuilding the
club's Petrovsky Park stadium.
A memorandum of understanding was signed on Friday and the
deals will be completed as part of converting the companies'
debt into shares.
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