(Updates with UCL comment in second paragraph.)
Sept. 30 (Bloomberg) -- Three of Russia’s biggest transportation groups, including billionaire Vladimir Lisin’s UCL Holding company, may bid for 50 percent of London-listed rail-cargo operator OAO Transcontainer.
UCL may bid, spokesman Dmitry Baukov said today by phone. Businessman Ziyavudin Magomedov’s Summa group is also interested, Vice President Konstantin Panin said, as is Sergey Generalov’s Fesco Transportation Group, which bought a 12 percent stake during the cargo carrier’s initial public offering last year, Vice President Stanislav Vartanyan said.
N-Trans Group, which includes Globaltrans Investment Plc, Russia’s biggest non-state rail operator, may also compete for control of the company, said three people familiar with the plans, including an OAO Russian Railways official who declined to be identified before the auction is announced. N-Trans representatives declined to comment.
State-owned Russian Railways, which is selling stakes in some of its largest subsidiaries this year, may offer investors its entire 50 percent stake in the Moscow-based cargo unit, Deputy Economy Minister Stanislav Voskresenky said yesterday. It is seeking to raise funds for a three-year, 1 trillion-ruble ($31 billion) investment program.
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