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. Last Updated: 07/27/2016

For the Record

The National Banking Council gave permission for the Central Bank to sell a 7.58 percent stake in Sberbank, the country's biggest lender, RIA-Novosti reported, citing council member Pavel Medvedev, who added that the government must also approve the sale.

RusHydro 2010 net profit was up nearly fourfold at 38 billion rubles ($1.34 billion), from 10 billion rubles in 2009, according to Russian accounting standards.

Yug Rusi, Russia's largest producer of sunflower oil, plans to raise about $300 million in an initial public offering managed by Morgan Stanley, ING Bank and VTB Capital in London as early as next month, according to two people with knowledge of the sale.