Deals
Russia Said to Plan Sale of 7.6% Sberbank Stake in September
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Russia plans to sell 7.6 percent of OAO Sberbank, eastern Europe’s largest lender, by as early as September as Prime Minister Dmitry Medvedev expedites the government’s privatization program, a person with knowledge of the matter said.
The time line for state asset sales may be approved at a Cabinet meeting May 31, the person, who declined to be identified until the government makes an official announcement, said today.