Russia's Sberbank to buy stake in internet firm Mail.ru

Russia's Sberbank to buy stake in internet firm Mail.ru

A worker paints the facade of a branch of Sberbank in central Moscow, Russia, August 17, 2016. REUTERS/Sergei Karpukhin

Sberbank has agreed to buy Gazprombank’s holding stake in internet company Mail.ru as Russia’s largest lender continues its transformation under Chief Executive German Gref into a banking-to-online services company.

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