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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar could pour $3.5bln into Russia’s VTB

Posted on 15 February 2013

Qatar’s sovereign wealth fund is in advanced talks with Russia’s second-largest bank VTB about injecting between US$3bn and US$3.5bn into the banking giant, the Telegraph reported.
VTB will likely issue the Qataris with US$1.5bn of new equity and US$1.5bn of mandatory convertible bonds under the structure of the deal, the daily said citing sources………………………………………Full Article: Source


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