18 Nov 2018
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Alrosa may head for flotation
Is reportedly worth $10 billion, with Russian government holding 37% stake
By: Diamond World News Service
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Dec 4 2007 12:00AM
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Reference: 1725  

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Alrosa’s President Sergei Vybornov said that the company is considering a flotation, which is probably to take place within the next year and a half. According to current estimates, Alrosa is reportedly worth $10 billion. Alrosa produces 97% of Russia's diamonds and supplies 25% of the world's rough. Its shareholding is divided amongst the Russian government owning 37%, the Yakutian government holding 32%, and the company's employees having 23% stake.

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