Oligarch Deripaska wants to sell all Strabag shares

The Russian one StrabagMajor shareholder Oleg Deripaska wants to transfer his 27.8 percent stake in the construction group to a Russian stock corporation called Iliadis JSC. The board of directors Strabag was informed today that a purchase agreement had been concluded for all shares in MKAO “Rasperia Trading Limited” (Rasperia), which is controlled by Deripaska, the group announced on Tuesday. However, the purchase agreement has not yet been completed.

According to the investment reports, Rasperia would no longer be (indirectly) controlled by Deripaska once the purchase agreement was implemented, the statement said. Further details on the transaction are available here Strabag not known. Therefore, no sanctions review can currently be carried out.

Die Strabag I continue to assume that Rasperia’s shares are frozen in accordance with the EU Sanctions Regulation. Shortly after Russia’s attack on Ukraine, the oligarch Deripaska was placed on the sanctions list by the EU in April 2022.

More on the topic: Strabag pushes Deripaska back

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