On November, 28, 2012 Department of the Federal Antimonopoly Service at Republic Sakha (Yakutia) considered application of Yakutian Diamond Company Ltd. having approved acquisition of 100% voting shares in OJSC Nizhne-Lenskoye, SakhaNews reported citing Regionfas.ru.
Previously, Ministry of Property and Land Relations of Republic Sakha (Yakutia) announced an auction on disposal of registered ordinary shares in OJSC Nizhne-Lenskoye. A total of 25,901,806 units, equivalent of 51% of the company’s share capital, to be put on sale, yktimes.ru reported.
Starting price for the shares is set at RUB 3,500,000,000. Applications for participation in the auction are to be filed till December 4, 2012, while the auction will be closed on December 8, 2012.
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