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.

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• Posted in: Russia, Banks, Business & Finance, Russian Billionaires, Suleiman Kerimov, Sberbank
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