Russian central bank partially sells out of Moscow Exchange | EmergingMarkets.me:
"Russia’s central bank has sold an 11% stake in Moscow Exchange in partially fulfilling its obligation to divest all its interest in the bourse by January 1, 2016.
“We are delighted to be leading the way in reopening Russia’s capital markets with a ground-breaking transaction for Moscow Exchange,” a statement from Moscow Exchange quoted its chief executive Alexander Afanasiev as saying.
“This follows on from a number of successful equity placements on our exchange over the past year, and once again demonstrates the quality and depth of the local market, and the potential for companies to carry out large transactions in local shares,” Afansiev said."
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