Sanctioned Billionaires Fridman, Aven to Sell Alfa Bank Stake in $2.3Bln Deal – FT

Updates with Alfa Bank confirmation.  Russian billionaires Mikhail Fridman and Petr Aven are set to offload their stakes in Alfa Bank, Russia’s largest private bank, in a $​​2.3-billion deal, the Financial Times reported late Thursday. Fridman, the co-founder of Alfa Group, and Aven, who headed Alfa until March 2022, are seeking the removal of Western … Read more