VTB Confirms Wildberries Deal on Track

Russian bank VTB states its purchase of a minority stake in the Wildberries financial unit remains on schedule for September. This comes despite recent Ukrainian drone attacks targeting the online retailer warehouses across Russia.

Smoke rises from a logistics hub of Russian e-commerce giant Wildberries, following a drone attack, according to officials, in Kotovsk, Tambov Region, Russia August 26, 2026, in this screen grab obtained from a social media video.

VTB plans to finalize its minority stake acquisition in Wildberries' financial unit by September. The transaction remains on track despite recent drone strikes targeting the online retailer's logistics centers across Russia amid an ongoing conflict with Ukraine late Wednesday morning.

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