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Russian court lifts temporary freeze of Raiffeisen's shares in its Russian unit

Russian court lifts temporary freeze of Raiffeisen's shares in its Russian unit

Reuters05-08-2025
MOSCOW, Aug 5 (Reuters) - A Russian court has lifted interim measures that froze shares owned Austria's Raiffeisen Bank International (RBIV.VI), opens new tab in its Russian subsidiary, a lawyer for the bank and the Russian unit, Raiffeisenbank, told Reuters on Tuesday.
In June, a Russian court rejected RBI's bid to lift an injunction banning the sale of its local subsidiary. The ban, now lifted, was tied to a lawsuit brought by Russian investment firm Rasperia after a collapsed deal in which RBI was ordered last year to pay around 2 billion euros ($2.31 billion) in damages.
RBI did not immediately respond to a request for comment.
($1 = 0.8667 euros)
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