Russia mulls selling 25% stake in Sovcomflot

Michelle Wiese Bockmann - Tuesday 24 November 2009

THE Russian government is poised to sell a 25% stake in energy shipping giant Sovcomflot as early as 2010, potentially raising more than $1bn.
It is understood that partial privatisation of the country’s largest shipowner was considered for approval today by the Russian government, which is also looking to sell 13 other key strategic enterpri...

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