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Gazprom: To Lower Stake In Gazprombank To 25% Within Year

MOSCOW -(Dow Jones)- Russian gas firm OAO Gazprom (GAZP.RS) plans within the coming year to lower its stake in its lending unit Gazprombank (GZPR.RS) to 25% plus one share from 41.7%, as part of a drive to sell non-core assets, Chief Financial Officer Andrei Kruglov said Wednesday.

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Source: FOX Business

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