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Financial Crisis and the downturn 2009

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Award levelCommended
InnovationRefinancing Rasperia
Originality6
Rationale5
Impact5
Total16
DescriptionA novel structure was created to allow Rasperia, a Russian trading commpany, to sell most of its 25 per cent stake to two partners in a shareholding syndicate without triggering a mandatory offer or giving up its co-control of the company