BUSINESS BYTES

Nomura sold out

Bratislava's District Court agreed on decreasing the equity of VÚB Kupón from 10 billion Sk ($333.3 million) to 6.87 billion Sk ($229 million) by declaring invalid the 3.14 million shares owned by Nomura International. Nomura is no longer a shareholder in VÚB Kupón. The assets were transferred to The International Slovak and Czech Investment Fund, which was founded by Nomura. VÚB, Inc. sold Nomura's 29 percent stake for 2.18 billion Sk, or 750 Sk per share.

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