Cabinet of Ministers has approved Alrosa’s privatization at 65 roubles/share
The Government of Russia has approved the privatization of 10.9% (802 mln 781 thousand 254 shares) of Alrosa at 65 roubles/share, PM D. Medvedev signed the order.
The head of MSE, A. Afanasiev, said that the offering of Alrosa’s shares it the market was quick and successful.
The price of Alrosa’s shares quietly reacted to the price of 65 roubles or 52.181 bln roubles for the entire package. By 11.25 a.m. the price of shares rose by 1.9% to 68.8 roubles.
The first Vice-PM, I. Shuvalov, said that investors of Alrosa in the SPO were the funds from the Middle East, Europe and American companies.
The Minister of Economic Development, A. Ulyukaev, said that in case of a successful privatization of the mentioned companies in 2016, the budget might be filled by 1 trln roubles.
