Japan's SBI Holdings to invest in Russia's Sovcombank

Reuters, 10.09.2018

MOSCOW, Sept 10 (Reuters) - Japan’s SBI Holdings will become a co-investor in Russia’s Sovcombank along with the Russia-China Investment Fund, Russian Direct Investment Fund said on Monday.

The participation of SBI Holdings is a step towards Sovcombank’s initial public offering (IPO), the state-controlled investment fund said.