JP Morgan fund gets 10 pct in Russia’s Vozrozhdeniye

MOSCOW, April 6 (BestGrowthStock) – A JPMorgan Chase (JPM.N: )
division has taken over a 9.88 percent stake in Russian bank
Vozrozhdeniye (VZRZ.MM: ) from direct investment fund Brysam
Global Partners, the Russian bank said on Tuesday.

Vozrozhdeniye said the deal is part of the asset structuring
involving Brysam Global Partners and JPM International Consumer
Holding, the unit of JPMorgan Chase.

Stock Market Research

(Reporting by Dmitry Sergeyev; editing by John Bowker)

JP Morgan fund gets 10 pct in Russia’s Vozrozhdeniye