Putin’s decree blocks Enel and Fortum asset sale offers, media write

Putin’s decree blocks Enel and Fortum asset sale offers, media write

0 0
Read Time:2 Minute, 41 Second

https://ria.ru/20220809/kompanii-1808213156.html

Putin’s decree blocks Enel and Fortum asset sale offers, media write

Putin’s decree blocked Enel and Fortum asset sale offers, media write

Putin’s decree blocks Enel and Fortum asset sale offers, media write

The decree of the President of the Russian Federation Vladimir Putin on the prohibition of transactions with the shares of Western traders in Russian power corporations blocked the Italian Enel and the Finnish Fortum… RIA Novosti, 08/09/2022

2022-08-09T09:20

2022-08-09T09:20

2022-08-09T09:20

economic system

Russia

enel

Enel Russia

Lukoil

fortum

/html/head/meta[@name=”og:title”]/@content material

/html/head/meta[@name=”og:description”]/@content material

https://cdnn21.img.ria.ru/photographs/07e6/06/10/1795912747_0:0:3642:2048_1920x0_80_0_0_a35c09afc0436f9bdd7daf41cae09294.jpg

MOSCOW, August 9 – RIA Novosti. Russian President Vladimir Putin’s decree banning transactions with Western traders’ shares in Russian power corporations has blocked Italian Enel and Finnish Fortum from promoting their property, the Kommersant newspaper stories, citing sources. The presidential decree, signed on August 5, bans any transactions with shares of foreigners from unfriendly international locations in strategic enterprises and subsoil customers, in addition to in corporations that produce and provide warmth and electrical energy. Transactions with such shares shall be doable solely on the idea of a particular permission of the pinnacle of state, the newspaper specifies. In mid-June, Enel introduced the conclusion of two separate agreements with Lukoil and the Gazprombank-Freesia funding fund to promote its stake in Enel Russia in .43% for a complete of about $137 million. What share every purchaser acquired was not reported. It was deliberate to shut the deal within the third quarter, for this it was vital to acquire the approval of the federal government fee for the management of overseas funding within the Russian Federation and the Federal Antimonopoly Service (FAS) of Russia. The publication, citing sources accustomed to the state of affairs, notes that the deal to buy property ” Enel Russia” envisaged the second stage – the consolidation of the Gazprombank-Freesia stake by Lukoil. The deal to promote the producing firm Fortum (98.25%) was additionally frozen. In keeping with the interlocutors of the newspaper, such a call was made by the Russian authorities again in July. At the moment, Fortum had already accomplished accepting functions from potential consumers, the shortlist included proposals from Gazprombank, AFK Sistema and Make investments AG Alexander Abramov and Alexander Frolov. Fairly just a few functions for the acquisition of property have been obtained, the publication clarifies.

https://ria.ru/20220801/rossiya-1806402804.html

Russia

RIA Novosti

[email protected]

7 495 645-6601

Federal State Unitary Enterprise MIA “Russia Immediately”

https://xn--c1acbl2abdlkab1og.xn--p1ai/awards/

2022

Olga Fomchenkova

Olga Fomchenkova

information

ru-RU

https://ria.ru/docs/about/copyright.html

https://xn--c1acbl2abdlkab1og.xn--p1ai/

RIA Novosti

[email protected]

7 495 645-6601

Federal State Unitary Enterprise MIA “Russia Immediately”

https://xn--c1acbl2abdlkab1og.xn--p1ai/awards/

https://cdnn21.img.ria.ru/photographs/07e6/06/10/1795912747_0:0:2732:2048_1920x0_80_0_0_40b2153d07f20de4a5be58aa5e9200b6.jpg

economic system, russia, enel, enel russia, lukoil, fortum

Putin’s decree blocks Enel and Fortum asset sale offers, media write

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published.