Russia: Sberbank has sold a 6.12% block of shares in LafargeHolcim Limited it received under a repo deal with Eurocement. The shares have been sold to a group of investors from the UK, Switzerland, the US and other countries. Sberbank's stake, amounting to 37,172,910 votes, was worth roughly Euro1.5bn based on LafargeHolcim share quotations on the Zurich exchange. Sberbank CIB said in a press release previously that the deal was organised to provide financing for Eurocement Holding.
Sberbank sells 6.12% LafargeHolcim stake
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