Strabag says shareholder Rasperia Trading no longer controlled by Deripaska

Austrian construction company Strabag STR on Wednesday said its shareholder MKAO Rasperia Trading Limited is no longer controlled by sanctioned Russian businessman Oleg Deripaska.

Rasperia, which holds a 24.1% stake in Strabag, was sold to Iliadis JSC, with Deripaska ceasing his previous indirect control, thus completing a sale announced in December, according to a notification Strabag received on Tuesday.