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Moscow Tag

12 Jul Russian government sell Alrosa stake for $813m

Posted at 07:39h in Mining
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The Russian Government has sold its 10.9% stake in state-controlled diamond company Alrosa (MCX:ALRS), the world number one diamond producer by output in carats, commencing a planned asset sell-off to cover a budget deficit. The US$813 million deal was announced by a placement in Moscow...

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