Deripaska Seeks to Regain 25% Stake in Strabag by Mid-October
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Billionaire Oleg Deripaska is seeking to regain 25 percent in Strabag SE after ceding his stake in the Austrian builder for debt last year, Sergei Babichenko, a spokesman for the businessman’s Basic Element, said today by telephone.
Babichenko declined to comment on a report in Vedomosti today that Deripaska may swap stakes in his Russian construction assets Transstroy and Glavmosstroy for the Strabag shares.