(Reuters) - China Investment Corp , the country's $300 billion sovereign wealth fund, is tipped to buy a 5 percent stake in Sberbank , Russia's biggest lender, a Chinese newspaper reported, citing sources.
The 21st Century Business Herald reported that an unidentified investment bank that is arranging the partial privatisation of Sberbank has contacted CIC for a possible deal.
The 21st Century Business Herald reported that an unidentified investment bank that is arranging the partial privatisation of Sberbank has contacted CIC for a possible deal.
