Tuesday 2 July 2013

RDIF and Deutsche Bank Plan to Buy Rostelecom Stake | Business | The Moscow Times

"The Russian Direct Investment Fund, or RDIF, the country's state-backed private equity fund, plans to buy a stake in Rostelecom, a spokeswoman for the state-controlled telecom operator said ahead of its expected privatization.

The RDIF is part of a pool of investors that would buy shares owned by the company itself, Rostelecom spokeswoman Kira Kiryukhina said on Tuesday.

She declined further comment, saying the deal had yet to be completed."

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