Renaissance Group will get rid of assets to Russian Federation without change beneficiaries

Renaissance Group (the brand of Renaissance Capital Ltd) planned the Cyprian holding global restructuring activity, follows from reportings for 2022. Within restructuring business to Russian Federation will be sold. Assets of Renaissance Group include companies "The Renaissance the broker" and LLC "Renessans Kapital-FK". The transaction on sale has to get approval of the Russian authorities, that is get permission of a pravkomissiya on control behind implementation of foreign investments. "Transition businesses in the Russian jurisdiction will happen without change final beneficiaries" — specified in Renaissance Capital Ltd...