MTS MTS acquires major Moscow telecom operator

East-West Digital News 31 May 2012 MTS, a leading mobile operator and telecom provider in Russia and the CIS, announced on Tuesday that its subsidiary MGTS has acquired a 100% stake in Tascom, a major provider of telecommunication services to corporate clients in...

Sberbank Nears Turkish Buy

Moscow Times 25 May 2012 Sberbank is close to buying Turkey’s Denizbank, in a deal that would secure it a foothold in its long-eyed Turkish market and nudge out a rival bidder, three people familiar with the matter said Thursday. Europe’s No.2 lender by...

Putin Order Gives Nod to Energy Assets Sale

Reuters via The Moscow Times 25 May 2012 President Vladimir Putin on Thursday ordered the government to approve a plan to sell assets held by state energy holding company Rosneftegaz in 2013-15, paving the way for the sale of stakes in Gazprom and Rosneft. The decree...