Motor Sich to sell out to Russia's Oboronprom?
28 January 2009
Daily Delo reported today that Motor Sich (MSICH) CEO and primary beneficiary Vyacheslav Boguslayev might be preparing the company for sale. Delo’s sources related the sale of a 51.01% in subsidiary Iveco Motor Sich to an undisclosed local investor as being related to cleaning up the company’s asset structure ahead of a sale. According to Delo, entities tied to Russian aviation company Oboronprom already have control over 18% of Motor Sich.
