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Lahun in talks to sell his Delta Bank to Dubai group, report says
Journal Staff Report

KIEV, June 10 – Mykola Lahun, the owner of Kiev-based Delta Bank, is in talks on the sale of the bank to Dubai Group (the UAE), a newspaper has reported.

"Mykola Lahun is completing talks with a bank group from the UAE, Dubai Group, on the sale of 100% of his bank's stocks. A preliminary agreement on the sale of the bank may be signed by the end of summer, while the overall sum of the deal is to hit EUR 650 million," Ekonomicheskie Izvestia daily reported citing a source in an investment bank.




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