Ukrros Restructuring Lays Groundwork for IPO in 2010
20 February 2008
Cyprus-registeredSakharny Holding Ltd acquired a 20% stake in Ukraine’s largest sugar producer, Ukrros (UROS: N/R), reported Interfax. Ukrros produced 175 ths mt of sugar in 2007/08 season. Olha Pankiv: Ukrros’s management told us that the acquisition is an internal transaction, as it is starting to structure its assets ahead of an IPO in two years.
