Banks Finansy10-12-2010 Baturin sold his bank, wife of former Mayor Elena Baturin has sold to foreign investors "Russian land bank." In November, completed the sale of owned 98.12% stake in the six Cypriot companies Boaden, Elppop, Xulaka, Kourinio, Stylileni and Fanjet, each of which has acquired about 16% of the shares. The remaining 1.8% stake will remain with the minority shareholders. Company spokesman Inteko Gennady Terebkov explained that the head of the company Elena Baturin has reached an agreement for the sale of Russian land bank "of several foreign investors in October. According to him, since November 13, the new shareholders of the bank under a contract of sale from 22 October 2010, only six are International Business Companies (Boaden, Elppop, Xulaka, Kourinio, Stylileni and Fanjet), each of which owns 16.35% of ordinary shares. The transaction amount is not subject to disclosure, says agency Interfax.
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