|
|
Russia Eyes $898M from ALROSA Privatization
May 23, 2016 4:55 AM
By Rapaport News
|
|
|
RAPAPORT... Russia expects it will get more than $898.4 million (RUB 60
billion) from a sale of shares in ALROSA, the country’s news agency TASS cited
a minister as saying.
The government is planning to sell a 10.9-percent stake in
the diamond miner this year.
“Today on the market it is a little more than RUB 60
billion,” TASS cited Economic Development Minister Alexey Ulyukayev (pictured) as saying
in an interview with the Rossiya 24 television channel.
“I do not rule out that by the time the transaction is
closed the market conditions will improve further,” Ulyukayev added.
Image: government.ru
|
|
|
|
|
|
|
|
|
|
Tags:
Alexey Ulyukayev, Alrosa, M&A, mergers and acquisitions, privatization, Rapaport News, Russia
|
|
|
|
|
|
|
|
|
|
|