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GM-UPDATE 1-VTB bank to sell 50 pct of Tele2 Russia - executive

October 11, 2013

MOSCOW, Oct 11- Russian bank VTB has agreed to sell a 50 percent stake in mobile phone operator Tele2 Russia to a group of Russian investors, a senior executive of VTB said on Friday. A deal could be worth around $2 billion, according to valuation figures VTB gave for Tele2 Russia in its last financial report.

Source: http://www.cnbc.com/id/101105090
 
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