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Russia slashes stake in top diamond miner Alrosa, set it for $1.6-bn float

Cecilia Jamasmie | October 02, 2013 | 1:37 pm Energy Top Companies Europe Diamond 

Russia has decided to cut its stake in Alrosa, the world’s largest diamond producer by output, and sell a 16% interest in the company for an estimated $1 billion to $1.6 billion. The sale, the gem industry's largest in over...

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