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Russia: Companies find spots on foreign stock exchanges

 |  November 26, 2012

The Federal Anti-Monopoly Service has announced it will lift a ban on Russian companies looking to get listings on foreign stock exchanges. The head of the FAS Igor Artemyev says the plan is in an effort to increase foreign investment; Artemyev also noted that the companies will be self-responsible to ensure they did not go over the legally-allowed foreign ownership threshold. Artemyev told President Vladimir Putin of the plan, among others, in a meeting last week.

Full Content: Moscow Times

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