Conditions have been agreed for the proposed sale to China’s state-backed Silk Road infrastructure fund and the deal could be signed in the coming weeks, possibly to coincide with an amended inter-governmental agreement between Moscow and Beijing, sources told Russian business daily Kommersant.
The value of the stake was initially estimated at $900 million by the publication before being revised upwards, though Bank of Merrill Lynch has previously stated it could be worth up to $2 billion.
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