ALROSA Got New Plans For Geotransgaz And Urengoi Gas
January 17, 2017 at 12:00 am EST
Public Joint Stock Company ALROSA (MISX:ALRS) has new plans for the sale of Geotransgaz JSC and Urengoi Gas Company LLC. He said Alrosa is now selecting the best public form for the deal. "This may be a joint venture, an exchange for shares with a public company or a direct sale," he added. "We have a number of offers, which show us the current market price. We are continuing to work on finding an investor. Due diligence is constantly carried out. In any case, we will proceed using a public and fully transparent procedure, which is understandable for shareholders," he said.