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SPF Announces Date For Odesa Portside Privatization

SPF Announces Date For Odesa Portside Privatization

16 August 2008

Yesterday the State Property Fund (SPF) announced that it would hold a tender for a 99.52% stake in Odesa Portside on October 29. The starting price for the sale is set at USD 495 mln. In related news, the President’s office issued a statement yesterday claiming that it would not rule out interfering in the privatization if certain changes to the conditions of the privatization were not made.

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