07 June 2004 10:29
RTS Stock Exchange receives bids for 15% stake
MOSCOW. June 7 (Interfax) - So far 14 bids have been received for a 15% stake in the RTS Stock Exchange joint stock
company, a subsidiary of the RTS non-commercial partnership, to which share trading for rubles is to be transferred,
acting president of the exchange Sergei Rodionov told the press.
A 15% stake of the 75% being offered will be distributed evenly
among all bidders. So far 14 bids have been received from potential
He said 75% of the new exchange is being offered to market participants, with 60% offered to the 15 largest market
players. Each of these is expected to receive a 4% stake. If one of these players does not want to acquire shares in the
new exchange, an offer will be made to the largest players following the top 15.
bidders. [RU ASIA EUROPE EEU EMRG ECI] me
[Interfax] |
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