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Provider: Reuters Investment Profile
Provider: Wright Reports

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Ob''yedinennaya Sudostroitel'naya Korporatsiya OAO Makes Buyout Offer to Minority Shareholders of Vyborgskiy sudostroitel'nyi zavod OAO-PRIME

Monday, 17 Sep 2012 08:00pm EDT 

PRIME reported that Ob''yedinennaya Sudostroitel'naya Korporatsiya OAO (OSK OAO) has made a buyout offer to the minority shareholders of Vyborgskiy sudostroitel'nyi zavod OAO (Vyborg Shipyard) at RUB 2,286 per share. Ob''yedinennaya Sudostroitel'naya Korporatsiya OAO, which already owns 75.6766% of Vyborgskiy sudostroitel'nyi zavod OAO's stake, set an official offer to Vyborgskiy sudostroitel'nyi zavod OAO's shareholders on Monday. The offer expires in 70 days.