"Rostech" to merge titanium with Telekom.
Edited by Rhod Mackenzie / 2015-06-23 06:24:24
Finance Metals and mining Russia VSMPO-AVISMA Mergers Shares Russia Metals and Mining Rare earth metals Titanium
The state corporation will turn its transparent side to investors.
As "the Kommersant" informs, "Rostech" creates special structure, where it will share in assets attracting the investors. These are, for example, blocking stakes in the titanium "VSMPO-AVISMA" and Yota Devices, 100% of infrastructure-mayning "PT Global Resources". "Rostech" believes that the holding could raise funds through greater transparency. Experts agree that, given the diverse and often loss-making enterprises it will be easier for the state corporations to look for investors under "clear pool of assets".
