MOSCOW, Oct 29 (Reuters) - Russia's largest lender Sberbank
said on Tuesday it had signed a non-binding agreement
with lender Gazprombank to buy a minority stake in
joint venture MF Technologies.
MF Technologies was set up by Megafon,
Gazprombank, Rostec and USM holdings in 2018 and holds a stake
in Mail.Ru Group.
Sberbank said it plans to sign a binding agreement with
Gazprombank this year.
A banking source and a source close to Mail.ru told Reuters
on Monday that Gazprombank was in early stage talks to sell its
indirect stake in Mail.Ru.
(Reporting by Andrey Kuzmin; writing by Tom Balmforth; editing
by Jason Neely)