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Russia may receive over $898 mln from privatization of 10.9% in Alrosa — minister

May 20, 20:03 UTC+3 MOSCOW
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MOSCOW, May 20. /TASS/. The Russian government expects to receive more than 60 billion rubles ($898 mln) from the sale of 10.9% shares of Alrosa, Economic Development Minister Alexey Ulyukayev said in an interview with the Rossiya 24 television channel.

"Now we can sell a 10.9% stake in Alrosa. Today on the market it is little more than 60 bln rubles. I do not rule out that by the time the transaction is closed the market conditions will improve further," the minister said.

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