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Putin grants approval for UniCredit Russia unit sale

Putin grants approval for UniCredit Russia unit sale

- President Vladimir Putin has approved the sale of UniCredit's CRDI.MI Russian subsidiary, according to a decree published on the Russian government's website on Monday.

The decree grants permission for the transaction, which had required presidential approval under Russia's restrictions on deals involving assets owned by investors from countries deemed "unfriendly" by Moscow.



(Reporting by Anton Kolodyazhnyy
Writing by Maxim Rodionov)

((maxim.rodionov@thomsonreuters.com;))

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