Sberbank's SPO Order Book Fully Subscribed

The order book for a 7.6 percent stake in Sberbank, being sold by the Russian state in a $5 billion-plus secondary offering, is fully subscribed. Russia launched the long-awaited stake sale to reduce its stake to 50 percent plus one voting share, setting a minimum price for the 1.7 billion shares on offer at 91 roubles - a 6 percent discount to Friday's close of 97.05 roubles.

http://in.reuters.com/article/2012/09/17/russia-sberbank-orders-idINL5E8KHLRE20120917
http://www.kommersant.ru/doc/2025547