June 20, 2013 / 9:24 AM / 4 years ago

VTB says to sell part of Tele2 Russia in 3-4 months

ST PETERSBURG, Russia, June 20 (Reuters) - Russian state-controlled bank VTB said on Thursday it planned to sell a stake in Tele2 Russia in the next three or four months in a deal that would see the bank keep control of the country’s fourth-biggest mobile phone company.

“Our talks with a number of private investors are in quite an advanced stage. I believe we will sell a certain part of our stake within the next three-four months,” Yuri Soloviev, first deputy president of VTB Bank’s management board, told Reuters, adding there were no discussions with Rostelecom. (Reporting by Katya Golubkova and Oksana Kobzeva; Writing by Maria Kiselyova; editing by Elizabeth Piper)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below