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SPF Sells 7.82% Stake In Pavlogradugol

SPF Sells 7.82% Stake In Pavlogradugol

28 March 2008

At its auction today, the State Property Fund (SPF) sold a 7.82% stake in one of Ukraine’s largest coal companies, Pavlogradugol, for the starting price of USD 21.5 mln to Keramet Invest, part of SCM’s energy wing DTEK. Despite the presence two other bidders the SPF sold the company at its starting price.

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