Bloomberg News

Summa Group Is Interested in United Grain Stake, Magomedov Says

February 03, 2012

Feb. 3 (Bloomberg) -- Summa Group, a Russian port operator and construction company, is interested in buying a stake in the state grain trader United Grain Co., Summa’s Chairman Ziyavudin Magomedov told reporters in Moscow today.

The government can sell 50 percent minus one share of United Grain in the first half of the year, Alexei Uvarov, head of the Economy Ministry’s property department, said yesterday.

--With assistance from Marina Sysoyeva in Moscow. Editors: Sharon Lindores, John Deane

To contact the reporters on this story: Ekaterina Shatalova in Moscow at eshatalova@bloomberg.net and Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus