Sberbank

Sberbank Sells Shares, Raises $8.8 billion

Sberbank, Russia’s state savings bank, raised about 230 billion rubles ($8.8 billion) selling new shares in the country’s second-biggest stock sale ever, the Finance Ministry said.

Popularity: 1% [?]

February 22, 2007

Russia’s Largest Bank Postpones $8 Billion Share Offering After Billionaire’s Crash in France

Russian state-owned Sberbank’s supervisory board postponed a decision on a share issue that would be worth $8.7 billion at current prices, a senior finance ministry official told Reuters.

Popularity: 4% [?]

November 29, 2006

Russian Billionaire in Critical Condition After Car Crash in France

Russian billionaire and parliamentarian Suleiman Kerimov was hospitalized in critical condition at Marseille’s major burns center after his Ferrari crashed and burst into flames in Nice on the French Riviera, Bloomberg reports.

Popularity: 3% [?]

November 27, 2006