Reuters - Russian RDIF to Buy Rostelecom Stake

Russia's state-backed private equity fund, the Russian Direct Investment Fund, plans to buy a stake in Rostelecom, writes Reuters. The Vedomosti business daily reported that the RDIF, together with Deutsche Bank, would buy a stake worth $250 million in Rostelecom, Russia's former fixed-line monopoly, without specifying the size of the stake, according to Reuters.

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