BGEO’s investment arm to hike stake in banking unit ahead of demerger
11 Feb BGEO’s investment arm to hike stake in banking unit ahead of demerger
Posted at 07:29h
in
News
by KMFSLLP
Feb 12 (Reuters) – Holding company BGEO said on
Monday its investment arm, Georgia Capital, would increase its
stake in the Bank of Georgia to 19.9 percent, up from the
previously announced 9.9 percent, ahead of a planned demerger of
the two units.
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