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MMTC to Buy Stake in Russian Conglomerate Alrosa
Sep. 13, 2011 07:46AM PST
Gem InvestingMineweb reported India’s MMTC (BOM:5133770) is eyeing a stake in Russia’s Alrosa (RTC:ALNU).
Mineweb reported India’s MMTC (BOM:5133770) is eyeing a stake in Russia’s Alrosa (RTC:ALNU).
The market news is quoted as saying,
Russian diamond conglomerate Alrosa, which sold an estimated $3.15 billion worth of rough and polished diamonds during the first eight months of 2011, could soon have an Indian partner, in a deal expected to touch $2 billion.
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