13.12 2012 15:36:43go back
Liliya Brueva quoted on utilities
Industrial Solutions, the prime owner of the Divnogorsk low-voltage equipment plant, has wrapped up the deal for the sale of the asset.
Investcafe analyst Liliya Bruyeva estimates that the shares cost the buyer in the range of RUB 150-300 million. ‘In my opinion, the investor may be buying the plant for its subsequent resale at a marked premium to the acquisition price after pumping additional funds into it’, says the analyst. As its products are well known in Russia’s far eastern region, the asset may be of interest to Russian investors in Siberia and the Far East, as well as Chinese investors, believes the analyst.