Russian Railways eyes buying the state-owned stake in NCSP
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Russian Railways OJSC (RZD, a 100-percent state-owned company) is considering the acquisition of the state-owned holding of stocks in Novorossiysk Commercial Sea Port (NCSP) if the Russ. Govt will offer market price, Finam FM reports quoting RZD President Vladimir Yakunin.
According to Mr. Yakunin, the NCSP’s stock price has dropped two times as much to pre-crisis period.
Earlier, the Russ. Govet has announced its plans to sell the state-owned 20-percent stake in NCSP as a single lot this year. Experts were quick to say that only Transneft and Summa Capital would be willing to participate in the action. The above mentioned companies prepare the merger of Primorsky Commercial Port LLC and the NCSP Group.
According to Mr. Yakunin, the NCSP’s stock price has dropped two times as much to pre-crisis period.
Earlier, the Russ. Govet has announced its plans to sell the state-owned 20-percent stake in NCSP as a single lot this year. Experts were quick to say that only Transneft and Summa Capital would be willing to participate in the action. The above mentioned companies prepare the merger of Primorsky Commercial Port LLC and the NCSP Group.