Friday, January 20, 2012

Mobitel unit poised to acquire half of tycoon’s Rostelecom stake

According to Kommersant, Rostelecom's Mobitel unit is poised to buy more than half of Russian billionaire Suleiman Kerimov's 5.8% stake in Rostelecom. TeleGeography notes that Mobitel currently holds 3.44% of the charter capital (2.69% of common shares) of its parent company; the shares in question were acquired from a number of dissenting shareholders who failed to support the reorganisation of Rostelecom last year.


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OVETEL Mobitel unit poised to acquire half of tycoon’s Rostelecom stake

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