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Trest Gidromontazh OAO: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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Federal Hydro-generating Company RusHydro OAO to Sell 33.54% in Trest Gidromontazh OAO-Interfax
Interfax reported that the Board of Directors of Federal Hydro-generating Company RusHydro OAO (RusHydro) has approved the sale of a 33.54% stake in Trest Gidromontazh OAO to TEK Mosenergo OAO for RUB 1.663 billion. In particular, RusGydro is to sell 97,341,002 ordinary and 29,712,027 preferred shares at RUB 13.0904 per share. Earlier, the Federal Anti-Monopoly Service of Russia allowed TEK Mosenergo OAO to consolidate 100% in Trest Gidromontazh OAO. The press service of RusHydro earlier said that the sale of the asset corresponds to the strategy for the implementation of non-controlling interests.
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