Russia Sets Sberbank’s Offering at 93 Rubles a Share, IFX Says
Russia’s central bank set the final price for shares sales of OAO Sberbank, the country’s biggest lender, at 93 rubles ($3.01) apiece, Interfax said.
The offering was overbooked as TPG Capital fund and billionaire investor George Soros’s funds made the biggest offers, the news service said, citing a person it didn’t identify.
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