IHS Chemical Week

Regions :: Eastern Europe :: Russia

Gazprombank Agrees to Sell Controlling Stake in Sibur to MBO Team

11:30 AM MDT | May 7, 2008 | Chemical Week Editorial Staff

Gazprombank, an affiliate of Gazprom (Moscow), has agreed to sell a controlling stake in Sibur to a management buyout (MBO) team for $5.4 billion, according to a statement released by Gazprombank last week. The MBO team, led by Sibur president Dmitry Konov, announced recently that it was interested in buying Gazprombank’s 70% stake in Sibur (CW, April 28, p. 15). However, Gazprombank says it has agreed to sell 50% plus one share in Sibur to the MBO team. The proposed deal comprises a cash component of rubles53.5 billion ($2.3 billion) plus 25% of...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa