Moscow raises interest in Luzhniki sports complex

As reported by Kommersant on 9 October, the Moscow authorities overcame the resistance of Luzhniki sports complex minority shareholder APC Centre, which is allegedly linked to Luzhniki former general director Vladimir Aleshin and held an additional share issue of the complex.

As a result of the SPO, the Moscow authorities managed to raise its interest to over 80 per cent. They hold 62.81 per cent through Central Fuel Company and 20.12 per cent through OEK Finance.  The interest of APC Centre has been cut to 11.9 per cent.

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