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Austrian-based Raiffeisen Bank International (RBI) has dropped a plan to buy a €1.5 billion (US$1.6 billion) stake in Austrian construction group Strabag from Russian shareholders, reportedly amid pressure from the US
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Sanctioned Russian oligarch Oleg Deripaska has now sold his stake in Austrian construction group Strabag, the company has confirmed.
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Russian oligarch Oleg Deripaska is attempting to sell 100% of the shares he controls in Austrian construction company Strabag.
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A shareholder controlled by a Russian oligarch has failed in a bid to annul a decision to freeze its stake in Austrian contractor Strabag.