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Troika Gets VAZ Shares

Investment bank Troika Dialog will pay for new shares in automaker

AvtoVAZ with consultation services, Vedomosti reported Thursday, citing Troika chairman Ruben Vardanyan.

Troika, which holds about 19 percent of AvtoVAZ, is owed 436 million rubles ($14 million) for advising the company on its reorganization and will waive the fees in exchange for stock, the paper reported. 

(Bloomberg)


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