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Russian businessman Deripaska sold Glavstroi developer

The change of the shareholder took place in April 2018, which was not previously disclosed

MOSCOW, December 28. /TASS/. A change of shareholder took place in the Russian developer Glavstroi earlier associated with the Basic Element holding of Oleg Deripaska, the company’s press service told TASS on Friday. The change of the shareholder was the result of the asset sale and the company elected not to disclose the deal amount.

"Libra Holdings Limited Liability Company, with five individuals comprised in the group of members, is the new owner of Glavstroi Company. Each of them has a stake of 20% in the company," the press service said.

The change of the shareholder took place in April 2018; this fact was not disclosed earlier.

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