Support The Moscow Times!

Sberbank May Buy Troika

Sberbank may buy one-third of investment bank Troika Dialog for $500 million, RBC Daily reported Friday, citing sources familiar with the matter.

The deal may be completed this week. Sberbank wants to gain a controlling stake in Troika by 2012, RBC said.

Troika chairman Ruben Vardanyan did not confirm the story. “There is nothing to talk about here. It cannot be said that negotiations are close to completion or that parameters have been determined. [That there are] signing dates, even less,” Vardanyan told Interfax.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more