SPF Confirms Preparation Of Luganskteplovoz For Privatization.
25 May 2008
No starting price has been announced, and the State Property Funding is offering to allow potential investors to participate in the preparation of the conditions for the company’s (LTPL: HOLD) sale. Concorde Capital: Earlier in unofficial statements SPF officials said the starting price would be around USD 250-300 mln, ~1.5-2 times higher than the USD 98 mln, set in the privatization list the SPF submitted to the government in February.
