Mariupol Heavy Machinery 11% stake to be privatized on Feb. 18
16 January 2009
The State Property Fund said on Thursday that it will put its last 11% stake in Mariupol Heavy Machinery (MZVM) up for privatization on the Inneks Stock Exchange on February 18. In October 2008, the SPF announced a starting price of UAH 6.77 mln (about USD 880 mln), about UAH 4 or USD 0.52 per share. The SPF’s two previous attempts to sell the 11% stake on the market have failed.
