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. Last Updated: 07/27/2016

Rothschild Sits Tight

MOSCOW -- A director of London's Rothschild investment bank said Friday the group had no plans at present to rejoin work on a tender for Russia's telecommunications holding company Svyazinvest.

"We're not working on the project at the moment," John Brimicomb said.

A State Property Committee official suggested Thursday that Rothschild -- officially dismissed as an adviser to the deal last fall -- could yet be involved in the upcoming sale of a 25-percent block valued at more than $1 billion.