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FAS clears Novolipetsk Steel to buy 80% of Taganrog port (Part 3).
Russia & CIS Business and Financial Newswire
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May 25, 2006
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FAS clears Novolipetsk Steel to buy 80% of Taganrog port (Part 3)
MOSCOW. May 25 (Interfax) - The Federal Antimonopoly Service (FAS) has cleared the Cyprus-registered Chupit Limited to buy 80.31% of the voting stock in Taganrog Commercial Seaport, a FAS source told Interfax.
Chupit Limited has ties to shareholders of Novolipetsk Steel, one of Russia's biggest steel producers.
Chupit bought 48.8% of the St. Petersburg Seaport at an auction in November last year. Novolipetsk Steel ...
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