Russian Economy Minister: Gazprom May Buy Own Shares From VEB

Reuters

SOCHI, Russia, May 20 (Reuters) - Russian gas giant Gazprom might buy some of its own shares from troubled state development bank Vnesheconombank (VEB), Economy Minister Alexei Ulyukayev said on Friday.

The Kommersant daily reported earlier that Gazprom would buy 3.6 percent of its shares from VEB for 132 billion roubles ($1.99 billion).

(Reporting by Katya Golubkova; Writing by Lidia Kelly; Editing by Andrew Osborn)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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