Fridman sees no threat for Wintershall-DEA merger from sanctions - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Fridman sees no threat for Wintershall-DEA merger from sanctions

MOSCOW, Feb 1 (PRIME) -- The inclusion of Mikhail Fridman in the list of people that the U.S. may subject to sanctions will not impede a merger between BASFТs Wintershall and DEA company belonging to FridmanТs LetterOne company, he said on Thursday.

УSo far, I see no additional risks. The list says clearly that it does not carry any restrictions. This is just a list of businessmen with a wealth of over U.S.$1 billion,Ф he told reporters. УSo far, it is going on exactly as it used to be.Ф

The deal is to be closed in JulyЦDecember 2018.

But Fridman said the sanctions are no help to his Alfa Group.

УIt is really hard to say now how it will influence X5 and our other businesses but it is highly unlikely to be beneficial given the U.S. sanctions policies,Ф he said.

УOn the other hand, we believe and we have always been open about our views that business should distance from politics as much as possible Е although I believe in justice and that it will triumph, but anything can happen.

УWe will hope for the best and on our part make all efforts so that the existing political problems reflect on us and our customers as little as possible.Ф


01.02.2018 13:31
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