Gazprom OAO to Offer 51% Stake in Gazpromgeofizika OAO Gazprom-Interfax

Thursday, 3 Oct 2013 08:54am EDT 

Interfax reported that Gazprom OAO’s (Gazprom) program for divesting non-core assets, which the Company drew up on instruction from Prime Minister Mr. Dmitry Medvedev, includes going concerns as well as companies that have been stripped of their assets. Gazprom will offer a 51% stake in Gazpromgeofizika OAO Gazprom (Gazpromgeofizika), according to an October 1, government resolution posted on the legal information portal. The stake will be offered in an open auction, at a starting price based on the conclusions of an independent appraiser, the resolution says. 

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