Bohai Commodity Exchange Acquires Ukrainian Bank

On June 8, the State Property Fund (SPF) and the Bohai Commodity Exchange Co., Ltd (BOCE; the People's Republic of China) signed a purchase and sale agreement on the 99.9-percent stake in Ukrainian Bank for Reconstruction and Development.

The SPF has said this in a statement, Ukrainian News Agency reports.

BOCE acquired the stockholding for UAH 82.83 million.

As Ukrainian News Agency earlier reported, on November 30, 2016, Bohai Commodity won a tender for acquisition of Ukrainian Bank for Reconstruction and Development.