MOSCOW (Reuters) - Sberbank (MM:SBER) and internet company Mail.Ru (L:MAILRq) have discussed the possibility of holding an initial public offering for their joint food and taxi platform, the Russian state lender said on Tuesday.
Sberbank will not own a controlling stake in the joint venture, Sberbank said. It added that Mail.Ru's board of directors will have a Sberbank representative on it.