Russian Standard Takes $25M Stake in CEDC

Russian Standard and its billionaire chairman Roustam Tariko have acquired a 9.9% stake, or 7.2 million shares, in Central European Distribution (CEDC) for $25 million sometime between November 15-21, according to a Nov 28 joint filing with the SEC. Russian Standard is probably most well known in the US for its flagship Russian Standard and Imperia vodkas.

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