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Sistema reorganisation



23 November 2009 @ 02:28 pm BST

Sistema, the largest diversified public financial corporation in Russia and the CIS, is poised to reorganise certain assets.

The outcome is may result in the disposal of Sistema's stake in CJSC Sky Link, the sale of Comstar-UTS's stake in JSC Svyazinvest, and the increase of Comstar UTS's ownership in JSC Moscow City Telephone Network.

Story provided by Business Financial Newswire

© 2009 BFNNews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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