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Report: Potential investor files for regulatory approval to buy insurer Yugoria

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Report: Potential investor files for regulatory approval to buy insurer Yugoria

Russia's Federal Antimonopoly Service received a request to approve the purchase of 100% of OJSC State Insurance Co. Yugoria, Vedomosti reported Nov. 30.

The request was filed by Otkryty Mir, a Moscow-based company that already owns 60% of Russian insurer Opora Insurance JSC.

Yugoria specializes in car insurance services and is controlled by the authorities of Russia's Khanty-Mansiysk Autonomous Region.