Consideration of Global Ports’ petition on purchase of NNC extended till Governmental Commission’s approval

The period for consideration of Global Ports’ petition on obtaining the rights to direct the business of the National Container Company has been extended till the approval of Governmental Commission for Control over Foreign Investment in the Russian Federation. According to the statement of the Federal Antimonopoly Service of Russia, the approval of the above Commission shall be binding.

Global Ports has applied to the Federal Antimonopoly Service of Russia for approval of a transaction on purchase of First Container Terminal CJSC (St. Petersburg), National Container Company LLC (Moscow), NCC Logistics LLC (Saint-Petersburg), National Container Depot LLC (Saint-Petersburg) and BaltContainer LLC (Saint-Petersburg) through acquisition of 100% of the share capital of NCC Group Limited (Cyprus).

Related link:

Global Ports to acquire NCC Group>>>>