Russia's Polyus may hold SPO in Moscow in near future - VTB

Polyus PAO

29/03/2017 14:30

MOSCOW, March 29 (Reuters) - Polyus  PLZL.MM , Russia's 
largest gold producer, may hold a secondary share offering in 
Moscow in the near future, Yuri Soloviev, first deputy president 
of VTB bank, said on Wednesday. 
    Soloviev also said the state may sell its stake in shipping 
firm Sovcomflot in June. 
    The privatisation of Sovcomflot, Russia's biggest shipping 
company whose vessels support offshore oil and gas operations, 
is part of a wider state asset sale aimed at plugging holes in 
the budget. 
 
 (Reporting by Kira Zavyalova; Writing by Jack Stubbs; Editing 
by Andrey Ostroukh) 
 ((jack.stubbs@thomsonreuters.com; +7 495 775 12 42; Reuters 
Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)) 
 
Keywords: RUSSIA POLYUS/ISSUING