-- The EU's latest Russia sanction proposal draft includes plans to lift sanctions on assets linked to Oleg Deripaska to compensate Austrian lender Raiffeisen Bank International for a 2 billion-euro ($2.34 billion) fine it had to pay in Russia, the Financial Times reports citing unnamed sources.
-- The proposal being discussed would allow Raiffeisen to take ownership of 2 billion euros worth in shares of Strabag, a construction firm that Deripaska once part-owned through his company Rasperia.
-- Raiffeisen declined to comment. Austria's foreign ministry, Deripaska and Rasperia didn't respond to the FT's request for comment.
-- Raiffeisen shares rise 6.5% to 30.88 euros.
Full story: https://on.ft.com/46AsZDg
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
October 03, 2025 03:57 ET (07:57 GMT)
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