By John O’Donnell and Alexandra Schwarz-Goerlich
The United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a 1.5 billion euro ($1.6 billion)industrial stake of a Russian tycoon, several people with direct knowledge of the talks said.
Washington’s intervention is likely to derail one of the biggest Western deals in Russia since the start of the Ukraine war and piles more pressure on the Austrian group that handles billions of euros of international payments for Russians, two of the people said.
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