September 14, 2017 / 6:52 AM / 3 months ago

BRIEF-Transcontainer to spin off tank-container transportation business

Sept 14 (Reuters) - TRANSCONTAINER:

* SAYS APPROVES TO SPIN OFF COMPANY‘S TANK-CONTAINER TRANSPORTATION BUSINESS INTO A WHOLLY OWNED SUBSIDIARY

* SAYS THIS BUSINESS WILL BE FURTHER DEVELOPED ON BASIS OF EXISTING COMPANY‘S SUBSIDIARY TRANSCONTAINER FINANCE

* SAYS APPROVES AN INCREASE OF SHARE CAPITAL OF SUBSIDIARY BY UP TO RUB 613 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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