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AK Transneft' OAO updates on acquisition of stake in Novorossiyskiy morskoy torgovyi port OAO-Interfax


Friday, 6 Dec 2013 08:03am EST 

AK Transneft' OAO:AK Transneft' OAO (Transneft) group bought 8.19 percent more ordinary stock in Novorossiyskiy morskoy torgovyi port OAO (NCSP) for 6.355 billion Russian rubles in Oct., Transneft's International Financial Reporting Standards (IFRS) report for Jan.-Sep. says-Interfax.As a result Transneft boosted its effective stake in NCSP to 35.57 percent.Transneft also acquired 2.33 percent of NCSP shares for 1.7 billion Russian rubles prior to Sep. 30, according to the materials.In other words, it spent 8.1 billion Russian rubles to acquire 10.52 percent of NCSP shares. 

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22 Jul 2014