Norilsk Nickel mulls buyout of Yenisei River Shipping
The Board of Directors of OJSC MMC Norilsk Nickel, the majority shareholder OJSC Yenisei River Shipping Company (ERP), plans to consider the purchase of shares of the state-owned shipping company in January 2011, PortNews reports citing the Norilsk Nickel’s press service.
Earlier reports said Rosimuschestvo (Federal Property Management Agency) to auction 7,864,650 shares of the shipping company. The SOB of the item is RUB 744,615,000 rubles, bid step – RUB 7million.
JSC Yenisei River Shipping Company is the main carrier of the goods on the waterways of the Yenisei River basin. The company owns and operates the largest in the region dry cargo and tanker fleet, about 650 vessels with a total capacity of about 680,000dwt. In 2010, the operator transported about 3,3 million tons of cargo.
The authorized share capital of ERP is 30,841,725 rubles divided into 411,223 registered stock and 324,888 of common stock. Nominal value of a share is 75 rubles.
As of September 30, 2010, 51,9% of ERP’s shares are owned by OJSC MMC Norilsk Nickel. Earlier, the Federal Antimonopoly Service granted the motion of Norilsk Nickel to acquire 156,243 of ordinaries (48.09% of voting shares) in OJSC Yenisei River Shipping Company.
Earlier reports said Rosimuschestvo (Federal Property Management Agency) to auction 7,864,650 shares of the shipping company. The SOB of the item is RUB 744,615,000 rubles, bid step – RUB 7million.
JSC Yenisei River Shipping Company is the main carrier of the goods on the waterways of the Yenisei River basin. The company owns and operates the largest in the region dry cargo and tanker fleet, about 650 vessels with a total capacity of about 680,000dwt. In 2010, the operator transported about 3,3 million tons of cargo.
The authorized share capital of ERP is 30,841,725 rubles divided into 411,223 registered stock and 324,888 of common stock. Nominal value of a share is 75 rubles.
As of September 30, 2010, 51,9% of ERP’s shares are owned by OJSC MMC Norilsk Nickel. Earlier, the Federal Antimonopoly Service granted the motion of Norilsk Nickel to acquire 156,243 of ordinaries (48.09% of voting shares) in OJSC Yenisei River Shipping Company.