The Russian government has priced the shares it is selling in diamond producer Alrosa at 65 roubles ($1.02), raising almost $820-million, a source close to the placement told Reuters on Saturday, as Moscow kickstarts a privatisation drive. A share issue by Alrosa — the world’s largest producer of rough diamonds in carat terms – is Russia’s largest privatisation in just under four years as the country seeks ways to bolster finances which have been hit by weak oil prices.
