Russian tycoon to return stake in Strabag

By A staff reporter 2009-04-28T00:00:00

Embattled Russian billionaire Oleg Deripaska will return his 25% stake in Austria’s Strabag construction company to its shareholders, Deripaska’s Basic Element holding company told the Moscow Times on Monday. One of the biggest Russian casualties of the global economic crisis, Deripaska is estimated to have lost $25 bn (EUR19.12 bn) ...

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