Russian Billionaire Mamut Seeks Euroset Buyer, Kommersant Says

Billionaire Alexander Mamut is seeking to sell his 50.1 percent stake in Euroset, Russia’s largest mobile-phone retailer, Kommersant reported today, citing people it didn’t identify.

Mamut hired Troika Dialog to help find a buyer and is seeking $1.6 billion to $1.8 billion for the stake, the newspaper said. OAO VimpelCom, Russia’s second-biggest cellular company, owns the rest of Euroset.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at

To contact the editor responsible for this story: John Viljoen at

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