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Russia fetches $1.3bn in Alrosa’s shares sale

Cecilia Jamasmie | October 28, 2013 | 12:23 pm Top Companies Europe Diamond 

Russia’s Alrosa, the world’s largest diamond producer by output, said Monday it raised $1.3 billion after selling 16% of its shares as part of a multi-year government’s plan to dispose of public assets. The figure, smaller than the one expected, highlights how difficult has...

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