Today Gazprom’s Board of Directors to decide an issue on loan granting for purchase of Moscow United Energy Company’s shares
Edited by Rhod Mackenzie / 2013-08-06 08:28:41
Today, the Gazprom’s Board of Directors will consider an issue on the acquisition of Moscow United Energy Company’s shares by Gazprom energoholding.
The Board should also permit the granting of a loan to Gazprom energoholding for purchase of the electric power company’s shares.
The auction on sale of 89.97% of MOEK’s shares holding is fixed on August 13, the auction step will make up 4.93 billion rubles. The initial price of the holding is 98.6 billion rubles.