Sberbank to close deal with Mail.ru Group by yearend, says CEO
MANZHEROK /Altai Republic/, September 7. /TASS/: The transaction between Sberbank and Mail.ru Group that are currently setting up a joint venture, is to be closed by the end of the year, Chief Executive Officer of Russia’s top lender Herman Gref told reporters on Saturday.
"In terms of timing, the deal is to be closed by the end of the year, no earlier than November, in November or December," he said.