Bloomberg News

Oppenheimer Funds Increases Stake in Russian Retailer Magnit

November 07, 2011

Nov. 7 (Bloomberg) -- Oppenheimer Funds Inc., Colorado- based asset management company, raised its stake in Russian retailer OAO Magnit to more than 5 percent, the Krasnodar-based food chain said today in a regulatory filing.

--Editors: Tim Farrand, Peter Woodifield

To contact the reporter on this story: Ilya Khrennikov in Moscow at

To contact the editor responsible for this story: John Viljoen at

The Good Business Issue
blog comments powered by Disqus