Russia Partners in Talks to Buy Monetka Chain, Kommersant Says

Russia Partners, a private equity firm, is in talks to buy up to a 30 percent stake in a grocery chain located in the Urals region, Kommersant reported, citing the main shareholder of the company.

Monetka’s main shareholder, Roman Zabolotnov, told the newspaper he’s interested in selling a 10 percent to 30 percent stake. The deal is worth about $90 million, the newspaper added.

Baring Vostok Capital Partners has also been involved in discussions, the report cited Zabolotnov as saying.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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