Russian rouble coins are seen in this picture illustration taken June 7, 2016. REUTERS/Maxim Zmeyev/Illustration
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Foreign buyers drive Russian M&A volumesRussian acquisitions by overseas buyers have hit their highest level since before sanctions were imposed in 2014, Thomson Reuters data shows, with a renewed willingness to do business with Moscow.Deutsche Bank's leading position was thanks to its role in the biggest Russia M&A deal so far this year, the proposed $1.85 billion purchase by Austria's OMV of a 25 percent stake in oil and gas group Severneftegazprom from Uniper.However, bankers operating in Russia are cautious on whether the upswing in foreign dealmaking will go much further.This brings the total volume of equity capital market deals in 2017 to $2.2 billion, more than three times the value in the same period of 2016, with VTB Capital the top equity book runner for Russian listings.
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