<a href=/RCL/BAN/009/?lnk=yes target=_blank><img src=/RCL/BAN/009/141014_1.gif width=1050 height=60 border=0></a>
Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact Us
Customer Login
 


Headlines
 

10/31 22:38   Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint (Part 2)
 
10/31 22:23   Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint
 
10/31 22:03   Glonass/GPS equipment being tested onboard Progress cargo spacecraft
 
10/31 21:45   Fourteen Russian companies to display exhibits at Indo Defense 2014 exhibition in Jakarta
 
10/31 21:41   United Shipbuilding Corporation displays mockups of prospective warships at Euronaval exhibition
 
10/31 21:23   Nine MH17 air crash victims still unidentified - Dutch govt
 
10/31 21:14   Ukrainian troops receive 150 mln hryvni worth of weapons, hardware - deputy defense minister
 
10/31 20:59   Ekho Moskvy told to submit website registration papers - Venediktov
 
10/31 20:45   Akhmetov, Bogolyubov, Kolomoyskyi top list of richest Ukrainians - magazine
 
10/31 20:44   Moscow aware of arrest of nuclear technology company chief in U.S. - Foreign Ministry
 




 

Interfax.com  |  Interfax news  |  British regulator resumes trade in Global Ports...


News headlines


May 30, 2013 18:03

British regulator resumes trade in Global Ports GDR (Part 2)

MOSCOW. May 30 (Interfax) - Great Britain's Financial Conduct Authority has resumed trading in Global Ports' global depositary receipts (GDR), the London Stock Exchange (LSE) reported.

The suspension was in force since 5:30 p.m. Moscow time on May 24. On that day, Russian business daily Vedomosti reported that businessmen Vitaly Yuzhilin and Andrei Kobzar are in talks with Global Ports to sell National Container Company (NCC).

The suspension was lifted at 5:30 p.m. Moscow time on Thursday.

Earlier in the day, Global Ports confirmed that it is in talks with the owners of NCC, although "there is no certainty as to the outcome of such negotiations at this stage."

Vedomosti had previously reported that Yuzhilin and Kobzar had put NCC up for sale, citing sources close to the company and Yuzhilin. The potential buyers are Global Ports, Summa Group and UCL Ports, the paper said, adding that "detailed negotiations are only being held with Global Ports."

However, there is no certainty yet as to the size of the stake that Global Ports might buy, the structure of the sale or the price, the paper cited one source as saying. But the group has already done due diligence, the source said, without disclosing the valuation of NCC. Vedomosti cited another source as saying that Yuzhilin will only sell 75% of NCC.

Yuzhilin and Kobzar are selling the business because of NCC's heavy debt burden of about $1 billion, one of the paper's sources believes. Kobzar bought 53.81% of NCC from Sergei Generalov's Industrial Investors in the middle of 2010 for $900 million. The deal was fully financed with a loan from Sberbank of Russia (RTS: SBER), a source close to NCC told the paper.

Forbes estimates that Yuzhilin has a fortune of $450 million and that Kobzar is worth $600 million. Yuzhilin is a deputy in the State Duma, first elected in 2003, and sits on the budget and taxes committee.

Eb of

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire

October 31, 2014
 
22:38
Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint (Part 2)
 
22:23
Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint
 
22:03
 
21:45
Fourteen Russian companies to display exhibits at Indo Defense 2014 exhibition in Jakarta
 
21:41
United Shipbuilding Corporation displays mockups of prospective warships at Euronaval exhibition
 
21:23
Nine MH17 air crash victims still unidentified - Dutch govt
 
21:14
Ukrainian troops receive 150 mln hryvni worth of weapons, hardware - deputy defense minister
 
20:59
Ekho Moskvy told to submit website registration papers - Venediktov
 
20:45
Akhmetov, Bogolyubov, Kolomoyskyi top list of richest Ukrainians - magazine
 
20:44
Moscow aware of arrest of nuclear technology company chief in U.S. - Foreign Ministry
 
20:38
Main indexes of the Russia stock market for October 31
 
20:21
MOSCOW AWARE OF RUSSIAN CITIZEN VADIM MIKERIN'S ARREST IN WASHINGTON, DOING ALL IT CAN TO DEFEND HIS RIGHTS - RUSSIAN FOREIGN MINISTRY HUMAN RIGHTS COMMISSIONER DOLGOV TO INTERFAX
 
19:59
Russian stock market gains on gas deal
 
19:56
Results of Interregional Trading for OFZ & OBR
 
 more headlines 



Interviews
 

.
The name Arkady Rotenberg has been in the news far more frequently than usual in recent months. The billionaire was hit by the first wave of European Union sanctions against Russia, and has already challenged this decision in court. Recently it was reported that the businessman has sold part of his assets to his eldest son. Arkady Rotenberg spoke in an interview with Interfax about whether there was a link between these two developments, the impact of sanctions on his business, his friendship with President Vladimir Putin and many other topics.

more
.
.
Pakistani Ambassador to Russian Zaheer Aslam Janjua has given an interview to Interfax in which he speaks about prospects for supplying more Pakistani food products to Russia, the quality of such products and invites Russian companies to implement infrastructural projects in Pakistan.

more
.
.
John Padilla, managing director of consultants IPD Latin America, talks to Interfax about Colombia’s investment climate.

more

 
  
 ©   1991—2014   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100