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Exclusive: Russia's Sberbank to remain Yandex partner, may adjust some projects - CEO Gref

Russia's Sberbank plans to continue its partnership with Yandex even though it has transferred its 'golden share' in the country's leading internet company to another entity, Sberbank's Chief Executive German Gref told Reuters.

Indian IPOs fall to four-year low as economy falters

福利网站Indian initial public offerings tumbled to a 4-year low by value in 2019 as the economy slowed, but some analysts are hoping for better in 2020 on the back of potential government reforms likely to boost stock markets.

Russian pension funds among buyers of Gazprom's shares: Ifx

A consortium of investors, including Russian pension funds, bought a 6.6% stake in state-owned gas giant Gazprom earlier this year, Interfax news agency cited Andrei Akimov, the head of Gazprombank, as saying on Wednesday.

China Southern Air Holding sets up one billion yuan cargo company

China Southern Air Holding, the parent of China Southern Airlines , has set up a cargo company with registered capital of 1 billion yuan ($143 million), as it looks to consolidate its air cargo assets through state-led reforms.

Central Retail Corp plans to raise up to $2.7 billion in Thailand's biggest IPO

福利网站Thailand's largest retailer, Central Retail Corporation, plans to raise up to 81.1 billion baht ($2.7 billion) in an initial public offer (IPO), the company said in a filing on Thursday, in what would be the country's largest IPO.

BlackRock, Temasek to take majority stake in wealth management JV with CCB: sources

U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.

Japan department store group J.Front seeks to wholly own Parco chain

Japanese department store group J.Front Retailing Co on Thursday said it was offering to buy the remaining shares in Parco Co , a fashion-focused chain in which it already has a stake, for 65.7 billion yen ($599.7 million).

Russian government plans to use rainy day fund to buy Sberbank from central bank: two sources

福利网站The Russian government plans to use the country's National Wealth Fund (NWF) to buy the central bank's stake in Sberbank , a state banker and a source familiar with the plan told Reuters on Wednesday.

Goldman may stabilize Saudi Aramco shares following IPO

Saudi Aramco said that Goldman Sachs may stabilize its shares after a record initial public offering earlier this month.

Russia's TMK to complete IPSCO sale in January: Interfax

Russian steel pipemaker TMK plans to complete the sale of its U.S. subsidiary IPSCO Tubular in January, Interfax news agency reported on Wednesday, citing TMK controlling shareholder Dmitry Pumpyansky.

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