Russia Metropol sells battery firm stake to partner


MOSCOW, March 26 (Reuters) - Russia's Metropol Group investment house, developing huge zinc and lead deposits, said on Monday it had sold its 40 percent stake in Russkiye Akkumulyatory battery firm to its partner in the project. From now on the partner, privately owned Power International, will hold 80 percent in the battery company. "The deal has been organised on the basis of the estimated value of the Russkiye Akkumulyatory assets of $100 million," a Metropol statement said. "Power ...

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