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Volga Gas Plc commences formal sale process-Interfax

Thursday, 5 Jun 2014 10:03am EDT 

Volga Gas Plc:The board of directors of Volga Gas plc, which has been exploring strategic options for the business, has announced a formal sale process, enabling it to seek a buyer, the company said in a press release-Interfax.Volga Gas is to conduct a formal sale process through Otkritie.Interested parties will be required to enter into a non-disclosure agreement with the company on reasonable terms satisfactory to the Board, the press release says.The company then intends to provide participants who have entered into such non-disclosure agreements with access to information with which to evaluate whether to make, and the terms of, any offer, it says. 

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24 Oct 2014