Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The state-owned stake of LUKoil purchased for $ 1,988 bln
29.09.2004 00:00

The company Spring Time Holding Ltd. has acquired a 7,59 per cent state-owned stake of LUKoil for $ 1,988 bln. According to the head of Russian Fund of Federal Property Mr. Kirill Tomashchuk, Spring Time Holding Ltd. is affiliated with ConocoPhillips.
       As an RBC correspondent present at the auction informed the trading for the state-owned stake of LUKoil lasted for three minutes. The first bid belonged to Promsvyazbank suggesting the starting price of $ 1,928 bln. The next bid was made by JSC Promregion Holding that offered $ 1,934 bln. But this was overcome by the company Spring Time Holding Ltd.


Next Previous

You might also find interesting:

Russian Online Retail Market is Growing
The Number of Offers on the Sale of Businesses Increased in Russia by 33%
A New Technopark will be Constructed in Moscow
Vkontakte Launched New Service for Businessmen
AliExpress Russia will be Launched in 2019

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Exhibitions in Moscow  St. Petersburg  Moscow State University  Moscow Metro  Russian ballet dancers  Russian businessmen  Alisa Freindlich  Exhibitions Sales  Gorky Park  Linguists  Russian business  Boris Eifman Ballet Theater  Russian Cinema  virus   Kemerovo Region  Cars  Lukhovka  Russian Poetry  Nizhny Novgorod  Vasily Kandinsky  Mercedes-Benz Fashion Week Russia  The Volgograd Region  Moscow  Red Route Project  The Nightingale  Sevastopol  Gelendzhik  Volgograd Region  travel to Russia  Architecture  Chelyabinsk  Mikhail Bulgakov  corruption  Russian Folklore  Rostov-on-Don  Folk Arts  Russian regions  Moscow International Marathon   Wildlife  Fedor Bondarchuk  Russian Metro  Festivals in Moscow  Power Plants  Earthquakes  Art Exhibitions  Michael Barclay de Tolly  criminality  Russia surprises  Fyodor Bredikhin  Russian tourism 

Travel Blogs
Top Traveling Sites