VTB to sell 50% stake in Tele2 Russia

News Wireless Russian Federation 11 OKT 2013
VTB to sell 50% stake in Tele2 Russia
Russian VTB group plans to sell a 50 percent stake in mobile operator Tele2 Russia to a group formed by three Russian investors, reports Digit.ru citing VTB chairman Yury Solovyov. One of the companies is a subsidiary of the Bank of Russia, the second investor is related to Alexander Mordashov, Russian businessman. The size of the deal totals over USD 1.8 billion.

Categories:

Mobile

Companies:

Tele2 Russia

Countries:

Russian Federation

Tags:

Voice services, Company, Services, Corporate, M&A buyouts & divestments

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