Tele2 Russia and Rostelecom set to merge after an agreement was formalized to create the fourth largest mobile operator in Russia.
Breaking News
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.
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