Monday, April 4, 2016

MED chose Russian investment banks for privatization of VTB and “Bashneft” – RIA Novosti

MOSCOW, April 4 – RIA Novosti The Economic Development Ministry has selected only Russian investment banks to carry out transactions for the sale of state-owned shares of the companies “Bashneft” and ALROSA and VTB Bank, told RIA Novosti in the Ministry <.. / p> Economic Development in mid-March, the beginning of work on the selection of banks for the organization of the privatization transactions for the sale of shares “Bashneft”, “ALROSA” and VTB. Deputy Economic Development Minister Nikolai Podguzov said that their applications filed more than 10 banks, including foreign ones.

As an organizer of the privatization of “Bashneft” oil company proposed to “VTB Capital”, ALROSA diamond – CJSC “Sberbank CIB”; VTB -. “Renaissance Broker”

According to the source, the Ministry sent the relevant Russian government orders projects to align with the relevant ministries and departments and to make them in the prescribed manner to the Cabinet

“The final decision on selection of legal persons for the organization on behalf of the Russian sale of privatized federal property and (or) of the Seller functions will be taken by the Russian Government and will be known after the release of the Russian government orders”, – added the ministry

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