Thu, Aug 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Deutsche Bank and Russian fund take Rostelecom stake

Posted on 11 October 2013

Deutsche Bank and Russia’s $10bn sovereign wealth fund are buying a joint stake in Rostelecom ahead of a planned privatisation of the country’s state-owned telecom group.
Germany’s largest bank by assets and Russian Direct Investment Fund, which was set up by president Vladimir Putin in 2011, are investing a combined $240m in parity to “further develop and strengthen the company’s market position”, they said in a joint statement………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14633 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031