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Oct. 3 (Bloomberg) -- Russia’s AFK Sistema said it plans to start “immediately” buying its ordinary shares and global depositary receipts.
Sistema is also considering purchases of OAO Mobile TeleSystems’ ordinary shares and or American depositary receipts. The total value of these purchases will be as much as $100 million.
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To contact the reporter on this story: Maria Ermakova in London at mermakova@bloomberg.net
To contact the editor responsible for this story: Peter Branton at pbranton@bloomberg.net