Sberbank heads to US to find investors

first_img whatsapp Sberbank heads to US to find investors KCS-content Monday 25 April 2011 11:08 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads THE CHIEF executive of Russia’s largest lender, Sberbank, is to tour the United States this week to court potential investors ahead of a privatisation expected to start later this year.Herman Gref and other top managers are visiting the US this week to meet the largest fund managers and institutions.The state-owned lender, which has a market capitalisation of around $83bn (£50bn), will begin to sell down the government’s stake later this year.Moscow plans to cut its stakes in major state-owned firms, including banks, in a 1 trillion rouble (£21bn) privatisation drive over three years.Gref said: “First of all we are interested in potential investors for our shares. We can make a profit, we are exceeding analysts’ expectations.” center_img whatsapp Share Tags: NULL Show Comments ▼last_img