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Irkutskenergo OAO Completes Acquisition of 29% Stake in SibMetCom-Interfax

Monday, 25 Feb 2013 01:01am EST 

Interfax reported that Irkutskenergo OAO has purchased a 29% stake in Siberian Metallurgical Company (SibMetCom), which owns Krasnoyarsk Metallurgical Plant (KraMZ), for RUB 1.5 billion from En+ Downstream Holdings Ltd, Irkutskenergo OAO said in a statement. The deal was closed on February 22, 2013. The nominal value of the 29% stake is RUB 1.45 billion. An Irkutskenergo OAO spokesman declined to comment on the acquisition. 

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