Tele2 Russia and Rostelecom set to merge after an agreement was formalized to create the fourth largest mobile operator in Russia.
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VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.
Polyus Gold, Russia's largest gold producer, has sold a 7.5 percent stake to two strategic investors, raising $635 million and helping to boost its free float ahead of plans to apply for a premium listing in London.
Fast Lane Ventures (FLV), a backer of Russian online start-up firms, has raised $18 million from investors led by VTB Capital, signalling rising investor appetite for Russia's Internet market.
