You are here: Home » Reuters » News
Business Standard

Russia's RDIF in talks over control of Sistema's retail, power assets: sources

Reuters  |  MOSCOW 

By Tatiana Voronova and Vladimir SoldatkinMOSCOW (Reuters) - Russian conglomerate Sistema, which has to make a big payment to energy giant Rosneft to settle a business dispute, is in talks with one of the country's sovereign wealth funds about transferring two of its companies, sources said on Friday.The negotiations concern the possibility of the state-owned Russian Direct Investment Fund (RDIF) taking over control of two retail and power businesses from Sistema, a banking source and a source close to the conglomerate told Reuters.Asked by Reuters for comment, RDIF said it had no plans to ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, January 12 2018. 23:03 IST
RECOMMENDED FOR YOU