Russian top diplomat suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
Russia to upgrade helicopter protection system based on Syrian experienceMilitary & Defense March 29, 19:00
Lavrov says Ukrainian president wants to bury Minsk agreementsRussian Politics & Diplomacy March 29, 18:57
FIDE executive says Ilyumzhinov himself to blame over media buzz on his resignationSport March 29, 18:46
Russian top diplomat says Moscow ready to develop relations with WashingtonRussian Politics & Diplomacy March 29, 18:37
London High Court rules Ukraine must repay $3 bln to RussiaBusiness & Economy March 29, 18:12
Russian energy minister pegs oil price at $70-100 as profitable for Arctic productionBusiness & Economy March 29, 18:02
Russian opera star Hvorostovsky announces two concerts in Toronto and DublinSociety & Culture March 29, 17:44
MOSCOW, July 6. /TASS/. Alrosa announced initiation of accelerated preparation of the bid book for participation in sale of 10.9% of its charter capital (802,781,254 ordinary shares) during the secondary public offering (SPO), the Russian diamond miner said on Wednesday.
The Russian Government offered 10.9% ordinary shares in Alrosa diamond miner for sale, Minister of Economic Development Alexey Ulyukayev said earlier today.
Revenues from sales will be allocated for further use within the budget expenditures framework, the minister said.
Alrosa’s shares in free float will grow from 23% to 34% after sale of the government stake. The company is the globally largest diamond miner. Alrosa mined 38.3 mln carats of diamonds in 2015.
"Furthermore, the Russian Federation Government will not take any further decisions on additional sales of Alrosa’s shares held in federal property within 180 days after announcement date of the offer price," Ulyukayev said.