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Sovereign Wealth Funds Briefing - Categorized | Investment

No request from Qatar to invest in VTB - Russia

Posted on 22 February 2013

Russia has not received a request from Qatar’s sovereign wealth fund to buy shares in state-controlled bank VTB, First Deputy Prime Minister Igor Shuvalov was quoted as saying on Thursday.
Shuvalov’s comments responded to a report in British newspaper The Daily Telegraph last week that VTB may issue the Qataris with US$1.5bn of new equity and US$1.5bn of mandatory convertible bonds under a proposed deal……………………………………..Full Article: Source


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