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Cargill Financial looks to become shareholder in Ukraine's Delta
08.07.2010 12:44 "Agro Perspectiva" (Kyiv) —
Delta Bank in Ukraine, wholly owned by businessman Mykola Lagun, plans to take Cargill Financial Services International of the United States on as a shareholder.
Delta Bank plans to place 317 million hryvna worth of additional shares with par value of 5,000, which will increase company charter capital 62.16% to 827 million hryvna, the bank said in a statement.
The shares will be placed in closed subscription for Lagun and Cargill.
Placement of the additional share issue will not affect the holder of the largest stake, the statement says. Lagun has already signed the instructions for the additional placement, and it will occur in two phases in the period September 118.
Delta Bank ended 2009 in 135th place by assets among banks in the Commonwealth of Independent States and 25th among 182 Ukrainian banks on the Interfax-1000: CIS Banks ranking.
Cargill Financial Services International is a subdivision of the corporation Cargill Inc., international supplier of food, agricultural, and financial products and services. The company specializes in financing trade agreements and designing financial solutions.
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