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Provider: Reuters Investment Profile
Provider: Wright Reports

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FAS Does Not Allow KHK Sibirskiy Tsement OAO to Buy 90% Stake in Iskitimtsement OAO-RIA Vesti

Tuesday, 5 Feb 2013 02:51am EST 

RIA Vesti reported the Federal Antimonopoly Service (FAS) has not permitted KHK Sibirskiy Tsement OAO to acquire 90% stake in Iskitimtsement OAO. FAS came to the conclusion that this acquisition may lead to a restriction of competition in the cement market of the Siberian Federal District, as a result of the dominant position of the group of persons of KHK Sibirskiy Tsement OAO on the specified commodity market. 

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24 Sep 2014