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Article: Synterra receives FAS permission to buy RTComm.RU shares.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- November 1, 2007
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Synterra receives FAS permission to buy RTComm.RU shares
MOSCOW. Nov 1 (Interfax) - Synterra has received permission from Russia's Federal Antimonopoly Service to acquire 31.59% of RTComm.RU voting stock, FAS reported.
The stake currently belongs to Rostelecom (RTS: RTKM). Synterra, which owns 68.41% of RTComm.RU, recently sent a proposal to Rostelecom to buy out its stake. "The proposal was made because of conflicting views among shareholders about the development strategy," Synterra said.
The Rostelecom board plans to consider the proposal soon.
Synterra has previously offered to buy out the Rostelecom shares.
Earlier, Synterra General Director Vitaly ...