Russian Financial Control Monitor
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| 04-09-2013 08:53 News of Key Companies (1) Nord Gold plans to extract up to 26 metric tons of gold before yearend | $ |
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| 04-09-2013 08:51 Mergers & Acquisitions (1) Global Ports buys National Container Company for $291mn and 18% of shares |
MOSCOW. Global Ports, one of the biggest container terminal operators in Russia, has agreed to buy NCC Group to create the largest operator of container terminals in Central and Eastern Europe.
Global Ports is buying NCC from businessman Andrei Kobzar and First Quantum group for a cash consideration of $291mn and new shares representing approximately 18% of the company’s enlarged share capital.
“We will use bank financing to fund the deal, which is likely to be final in three to six months after all the standard procedures are completed, such as obtaining regulatory approval and the issue of prospectus on Global Ports Group’s expansion approved by the UK Listing Authority,” the company said. |
| 04-09-2013 08:49 State Financial Control (1) Audit Chamber reveals holes in Russia’s 2012 federal budget spending | $ |
| 04-09-2013 08:48 International Cooperation (1) Documents for Common Economic Space to be finalised in 2014 | $ |
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