RDIF and Deutsche Bank Agree to Buy into Rostelecom

Posted on 10/11/2013


The Russian Direct Investment Fund (RDIF) and Deutsche Bank have entered into a joint agreement to purchase 72,187,366 ordinary shares in Russian telecommunications operator Rostelecom from its subsidiary company Mobitel, the RDIF announced in a statement. All the necessary approvals between the interested parties have been attained for the 7.674 billion rouble (US$ 237.5 million) […]