Russian Technologies may sell 4 pct of AvtoVAZ to Nissan

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State-owned hi-tech conglomerate Russian Technologies may sell its four percent stake in Russia's largest carmaker AvtoVAZ to Nissan after the first stage of an additional share issue is over, Russian Technologies head Sergei Chemezov said on Thursday.

State-owned hi-tech conglomerate Russian Technologies may sell its four percent stake in Russia's largest carmaker AvtoVAZ to Nissan after the first stage of an additional share issue is over, Russian Technologies head Sergei Chemezov said on Thursday.

"We'll probably sell part (of the stake). Four percent will make no difference. We'll have 29 percent after this (share issue) stage, we'll hold on to 25 percent," Chemezov said.

MOSCOW, October 28 (RIA Novosti)

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