Kerimov selling over half his interest in Rostelecom

According to Kommersant, Suleiman Kerimov is selling 3.1 per cent of the  5.8 per cent shareholding that he acquired from former Svyazinvest CEO Evgeny Yurchenko in November 2011. The interest is being acquired by Mobitel, which is 100 per cent owned by Rostelecom.

Kerimov may well sell the rest of the interest during an SPO on LSE planned by Rostelecom.

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