Russia Said to Raise $816 Million From Diamond Miner Sale

Updated on
  • Share sale book said to have closed at about 4:30pm in Moscow
  • Government met Friday night to make decision on sale

Russia raised 52.2 billion rubles ($816 million) from the sale of Alrosa PJSC, the world’s largest diamond miner, according to a person with knowledge of the deal, the country’s biggest privatization in three years marred by economic uncertainty.

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