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Gazprom OAO's Subsidiary Completes Consolidation of 100% in Gazprom neftekhim Salavat OAO-Interfax


Thursday, 20 Jun 2013 03:04am EDT 

Interfax reported that Gazprom OAO has wrapped up the consolidation of 100% of Gazprom neftekhim Salavat OAO, the general director of the Bashkortostan enterprise, Mr. Damir Shavaleyev, told Interfax on the sidelines of the St. Petersburg International Economic Forum. Gazprom neftekhim Salavat OAO's main shareholder, wholly owned Gazprom OAO's subsidiary Gazprom Pererabotka LLC, informed company minority holders of a compulsory stock buy-up back in March. At the time, Gazprom Pererabotka held 97.86% of Gazprom neftekhim Salavat OAO's stock. Shares were bought at RUB 5,385 apiece. Gazprom Pererabotka has spent about RUB 2.1 billion total completing the consolidation of Gazprom neftekhim Salavat OAO. 

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