Russia’s second-largest lender VTB’s deal to acquire the Zvezda shipbuilding yard from oil company Rosneft is now dead because the VTB-owned United Shipbuilding Corporation (USC) cannot finance the acquisition, VTB CEO Andrei Kostin said on Tuesday.VTB is currently running USC…
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https://www.marinelink.com/news/dearth-finance-kills-shipyard-sale-523698