KIEV, Aug. 11 - Trading company Primestar Energy FZE (the UAE) has acquired a 100% stake in Ukraine's insolvent Ukrgazprombank, the Individuals' Deposit Guarantee Fund, the seller of the bank, reported.

A purchase and sale agreement was signed on August 7 after an open tender among potential investors held on July 30. The sum of the transaction has been not disclosed at the request of the buyer, the fund told Interfax-Ukraine.