Support The Moscow Times!

Rostelecom Hires Advisers

Rostelecom hired Morgan Stanley, Renaissance Capital and VTB Capital to advise it on what to do with the stake it is buying in Svyazinvest, Vedomosti reported Wednesday.

Rostelecom will acquire 25 percent plus one share in Svyazinvest from Comstar for 26 billion rubles ($835 million), the business daily said.

(Bloomberg)


Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.