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2012 July 3   17:25

Foreign investors buy up Russian grain terminals

Two major foreign investors - Japanese Mitsui & Co. and Outspan International, a subsidiary of Singapore's food trader Olam International Ltd.  has taken steps to acquire Russian grain export facilities.

Outspan International has filed a petition to the Russian Federal Antimonopoly Service (FAS) to acquire Azov Grain Terminal (member of RIAS Group). Mitsui & Co. is set to purchase a 10% stake of the Agri-Industrial group Sodrugestvo Group S.A., which owns two terminals in Kaliningrad and tugs fleet.

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