Russia clears VTB Bank OAO Deal To Buy Tele2 AB Russian Unit-Reuters
Reuters reported that Tele2 AB's sale of its Russian unit to state-controlled bank VTB Bank OAO has been approved by Russian regulators. Tele2 struck a $3.5 billion deal to sell the assets to VTB. A spokeswoman for the state anti-monopoly service FAS said the deal would be approved on April 3, 2013 and the decision would be posted on its website within two days.
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