BABA Stock: Sberbank CFO says previous talks with Alibaba finished

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Russian lender Sberbank’s talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank’s Chief Financial Officer Alexander Morozov said on Thursday.

Morozov added that now that a deal with internet giant Yandex has been signed, the country’s biggest bank is talking with everyone, including Alibaba, about being another minority partner.

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