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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: ValuEngine, Inc.
Provider: Sadif Analytics Prime

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ANK Bashneft' OAO Buys 100% in Alternativa-PRIME

Tuesday, 11 Jun 2013 04:41am EDT 

PRIME reported that ANK Bashneft' OAO (Bashneft) has closed a deal to buy 100% in Alternativa, the owner of a 12-gasoline-filling-station chain operating under Q&R brand in the Orenburg Region, the Company said in a statement. The value of the deal was not provided. The acquisition is part of Bashneft’s strategy aimed at expanding its own chain of filling stations in a number of regions. The share of the Q&R chain accounts for slightly over 1% on the local retail market, with all stations being located in localities of the Orenburg Region. 

Company Quote

24 Jun 2014