December 02, 2008

ISTIL completes deal to acquire holding company Berycan

It is reported that Istil Group Holdings Limited has completed the deal on April 9th 2008 in London to acquire the company Berycan Limited 100% of the shares.

It was reported that an agreement on the deal was signed on January 21, 2008, but for the treaty to enter into force required to fulfill a number of conditions.

Berycan Limited Company represents an investment company "MirInvest" in the person of the deputy State Duma of Russia Vadim Varshavsky and his top managers.