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General

VTB sells stake in Rostelecom under Tele2 Russia exchange deal

Friday 27 March 2020 | 08:16 CET | News
Russian bank VTB has sold a 13 percent stake in the national operator Rostelecom to the company Telecom Investments, reports Prime. Telecom Investments is a joint venture owned by VTB and other members of the consortium owning Tele2Russia Holding AB. The deal formed part of the share exchange agreed so Rostelecom could acquire 100 percent of the mobile operator Tele2 Russia.

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Categories: General
Companies: Rostelecom / Tele2 Russia
Countries: Russian Federation
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