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restricts
coverage of Russian military operations in Ukraine
MOSCOW, Feb 16 (Reuters) - U.S.-listed Freedom Holding Corp , a Kazakhstan-based financial services firm focused on East Europe and Central Asia, on Thursday said it was acquiring U.S. investment bank Maxim Group to expand its geographic reach.
The $400 million deal will be financed with cash and shares and will also include Maxim subsidiary Maxim Financial Advisors, Freedom Holding said.
Freedom Holding separated its Russian arm from the main
business last year as political tensions around the Ukraine
conflict and related restrictions took their toll.
(Reporting by Elena Fabrichnaya
Writing by Alexander Marrow
Editing by David Goodman)