PRESS: RussiaТs TransContainer can sell Kazakh unit to local railways - Transport & Automobile - 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

PRESS: RussiaТs TransContainer can sell Kazakh unit to local railways

MOSCOW, Oct 10 (PRIME) -- Russian container shipping company TransContainer can sell a 50% stake in Kazakh railway terminal operator Kedentransservis to Kazakh state railway operator Kazakhstan Temir Zholy for about U.S. $70 million, business daily Kommersant reported on Thursday, citing sources.

A source with knowledge of the situation said that the authorities and Russian Railways were enthusiastic about the proposal. The deal can take place before the auction for a controlling stake in TransContainer scheduled for November 27.

Kazakhstan Temir Zholy and TransContainer own Kedentransservis on a parity basis. TransContainer initially planned to contribute its stake to the United Transport Logistics Company of Russia, Belarus and Kazakhstan but Belarus and Kazakhstan did not make their contributions in the united company.

End

10.10.2019 08:54
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.1696 +0.0397 22 oct
USD 63.7606 -0.1936 22 oct
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1369.61 +0.33 11:14 22 oct
micex 2768.01 +0.25 11:14 22 oct
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 229.79 +0.55 10:58 22 oct
lkoh 5776.50 +0.15 10:58 22 oct
rosn 413.05 -0.17 10:58 22 oct
sber 236.04 +0.47 10:58 22 oct
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.0850 -0.1700 14:59 22 oct
USDTD 63.7275 -0.3350 17:44 22 oct