Russia's Rostelecom may sell up to USD1.4 billion in 2014 -report

Russian state-controlled telecom firm Rostelecom could sell up to RUB46 billion (USD1.4 billion) worth of shares in a secondary stock offering next year to help cut its debt.

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Top deals of the Day - Bids, Mergers and Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including Telefonica Deutschland, Devon Energy, Metro AG, Devon Energy Corp and others

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Deutsche Bank and Russian Direct Investment Fund infuse funds into Rostelecom

A total of USD237.1 million was given to Rostelecom by Deutsche Bank and Russian Direct Investment Fund for over 72 million Rostelecom ordinary shares.

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Rostelecom readying share buyback - Russian media

Russian media that reported Rostelecom would be offering a 30% buyback of its shares worth USD 909 million from its minority stakeholders.

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