Ukraine Pitches High Returns in Wartime Fire Sale of State Firms

Ukraine is looking for investors brave enough to bet that it will beat back Russia’s invasion with a simple pitch: High risk can offer high reward.

As it fights to defend itself in a war that has killed tens of thousands of its people and devastated the economy, the country is preparing to sell big government-run firms at distressed prices. The aim is to shore up the aid-dependent budget and end a decades-old, post-communist legacy of corruption and mismanagement that has undercut the economy.

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