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Deutsche Boerse hopes to woo LSE again
An unidentified group of foreign investors has swallowed up half of the shares in Russian vodka producer Smirnov, the new shareholders said Wednesday. Major shareholder Andrei Smirnov, who is conflict with his brother Boris, had handed over his half stake, a representative for the new investors, Oleg Serov, told a news conference here."Andrei Smirnov has ceded the 50 per cent he had to a group of foreign investors," said Serov. The new investors had named Alfa Eko, a susbidiary of the industrial group Alfa, to manage their interests, he said. The identity of the new 50-per cent owners was not revealed. But Serov said the new investors had "no link" to the US vodka label Smirnoff, which for the past 10 years has contested Smirnov's right to use a name and logo very similar to its own. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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