Russia's Globaltrans says Kazakh investment firm acquiring almost 32% stake (updated)

Globaltrans Investment

15/01/2024 11:43

(Adds detail on the deal throughout)
       MOSCOW, Jan 15 (Reuters) - Russia's Globaltrans, one of
the largest railway operators in Russia, said on Monday that
Kazakh investment company Aqniet Capital was buying a 31.62%
stake in the company.     
    Aqniet, beneficially owned by Kazakh entrepreneur Kairat
Itemgenov, has completed the purchase of the share capital of
three of Globaltrans' principal shareholders - Onyx Investments,
Maple Valley Investments and Goldriver Resources - to indirectly
own 26.19%, Globaltrans said in a statement. 
    Aqniet has also signed binding agreements to purchase the
share capital of Litten Investments and another unrelated
shareholder that will ultimately take its total shareholding to
31.62%, Globaltrans said. 
    Those transactions are expected to close before the end of
this year.     
    Sergei Maltsev, the beneficial owner of Goldriver Resources
and Globaltrans' board chairman, intends to stay on at the
company and seek re-election to the board. 
    Businessmen Nikita Mishin and Konstantin Nikolaev are
beneficial owners of Onyx Investments and Maple Valley
Investments, respectively, Globaltrans said. 
        
  

 (Reporting by Gleb Stolyarov; additional reporting by Felix
Light; Writing by Alexander Marrow, Editing by Louise Heavens
and Emelia Sithole-Matarise)