| 11.10.2013 - Deutsche Bank and Russian fund take Rostelecom stake |
| 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 |