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TransCreditBank Rises 1st Day in 3 on VTB Plan to Buy Stock

April 11 (Bloomberg) -- OAO TransCreditBank climbed for the first day in three after VTB Group offered to pay 21 rubles a share for 1.3 billion shares in the lender, according to a regulatory filing.

The stock added 1.4 percent to 20.29 rubles by the 6:45 p.m. close in Moscow.

To contact the reporter on this story: Jason Corcoran at Jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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