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Prospect News home > News index > List of issuers R > Headlines for Russian Real Estate Investment Co. AB > News item
Published on 6/28/2013 in the Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Russia's Ruric rules against liquidation, for continued operations

By Caroline Salls

Pittsburgh, June 28 - An initial meeting of Russian Real Estate Investment Co. AB (Ruric) decided against liquidation but for the continuation of business operations, according to a news release.

Ruric said its board will issue a notice to attend a second meeting for liquidation purposes in accordance with Swedish law.

Ruric is a St. Petersburg, Russia-based real estate company.


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