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Billionaire Lisin May Replace Freight One CEO, Kommersant Says

Billionaire Vladimir Lisin, who agreed to pay $4 billion for 75 percent of OAO Freight One in October, may replace the company’s chief executive officer once the deal is completed, Kommersant reported.

Alexander Sapronov, head of Lisin’s Independent Transportation Co., may become the new CEO, the Moscow-based newspaper said, citing people it didn’t identify.