Vostok Capital Buys Stake in Orient Express Bank

Russian private equity shop Baring Vostok Capital Partners will buy a roughly 20% stake in Russia’s Orient Express Bank, Reuters reported. Financial terms of the deal were not released, though Reuters quoted one analyst estimate valuing a 30% stake in Orient Express Bank at roughly $255 million. Baring Vostok, which focuses on investments in Russia and the former Soviet Union, has $2 billion in assets.

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