Tuesday, January 30, 2007

Sberbank offermay top $11 billion

Sberbank offermay top $11 billion

By Andrew Langley

The Wall Street Journal Europe

30 Jan 2007



MOSCOW—OAO Sberbank launched a share offering that could bring in more than $11 billion to support retail-lending growth at the Russian state-controlled bank. The placement will consist of as many as 3.5 million new shares, although the Russian... read more...
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