now russia's large second largest mobile phone operator vimpel com may merge its assets with an egyptian company is close to finalizing a seven a billion dollar deal with entrepreneur and i give so wearies which would make the firm the world number five in mobile services the border vimpel comic i am today on sunday to vote on a merger the deal is estimated six billion dollars as well as fifty one percent of egypt's orus com telecom the deal would include italian operator in return so wearisome may receive a twenty percent stake in dimple com. time see how the markets that are for me now european stocks are continuing to slide despite strong results in the u.s. over the weekend carmakers diamond and b.m.w. both fell sharply down one percent and not from six percent respectively with b.m.w. still reeling from a car recall announced on friday. and here in moscow the markets are hovering in the black this hour echoing global sentiment shares a tightly mixed among the main players of investors not making any big moves so far is among the biggest losers sliding point seven percent. moving to

or skolnick groups of worse will in turn get a twenty percent stake in vimpel com along with one point eight billion dollars in cash. the world's largest producer sol is refinancing its biggest loan the indebted metals giant borrowed one to help in dollars to help pay for a twenty five percent stake in the world stage of their bond while we finance the loan that originated with russia's state development bank be despite the repayment will sell slightly increased its total foreign. russia's of course a world diamond producer could launch an i.p.o. as soon as next year investment bank j.p. morgan values the company at up to nine billion dollars business are to asked analysts full day view on of course as prospects. the issue with this company is that it has a very large open peat mine and it's running out of research at least mine and they would have to do an exploration and the topics for these exploration that the figure i heard it ranges between two to six billion dollars this overall topic for the cap ex required for the particular on the ground mind and i guess the sooner the compan

selling products face competition from generic drugs russia second largest mobile phone operator vimpel com is to merge its assets with an egyptian company twill acquire one hundred percent of the tell and mobile company wind along with just over fifty percent of egypt's. new groups of worries will in turn get a twenty percent stake in vimpel call along with one point eight billion dollars in cash. the world's largest producer to sol is refinancing its biggest loan the metals giant borrowed one to help and almost to help pay for a twenty five percent stake in the world stage of their bond well we finance the loan that originated with russia's state development bank be despite the repayment will sell slightly increased its total forints. russia's of course a world diamond producer could launch an i.p.o. as soon as next year investment bank j.p. morgan values the company at up to nine billion dollars business r.t. i asked analysts full day view on of course this prospects the issue with this company is that it has a very large open peat mine and it's running out of reserves at this mine and t