VTB Capital Eyeing Vivacom Sale, Bostandjiev Says

VTB Capital, the investment banking unit of Russia’s second-biggest state-run lender, is considering the acquisition of Vivacom AD, Bulgaria’s biggest fixed-line phone company, together with the Sofia-based Corporate Commercial Bank AD., said Atanas Bostandjiev, chief executive officer of VTB Capital Plc.

“We are looking at the deal in partnership with the Corporate Commercial Bank,” Bostandjiev said in an interview in Sofia today. “It is a very complex transaction and it is too early to say anything more specific.”