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Russia's VTB buys 15% stake in car-share service Delimobil


By Reuters Staff
2 Min Read
FILE PHOTO: Delimobil car sharing company logo is seen on a vehicle amid the outbreak of the coronavirus disease (COVID-19) in Moscow, Russia May 20, 2020. Picture taken May 20, 2020. REUTERS/Maxim Shemetov
ST PETERSBURG (Reuters) -Russia’s second-largest lender VTB has bought a $75 million minority stake in car-sharing provider Delimobil, the company said on Friday, ahead of its planned stock market listing in New York.
VTB said it would buy a stake of around 15% in Delimobil, which runs a fleet of cars which can be hired by the minute in Russia’s largest cities including Moscow, St Petersburg and Kazan. ....

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