Dmitry Mazepin is looking to sell Uralchem holding on the market, buyer yet unknown

Today newspaper Vedomosti has reported that Dmitry Mazepin is looking to sell his Uralchem holding. There was no actual plan discussed, as well as there is no information whether the company will be sold as a whole, or in parts.

Uralchem is in serious financial difficulties (its 2011E net debt/EBITDA exceeds 4 and capex needs for 2011-2017 are close to $2 billion) reports Uralsib analyst Anna Kupriyanova. It is clear that the company’s IPO in May 2010 turned out to be unsuccessful. 

(0 COMMENTS) | SEE MORE »
Share |
DJIA® 12 811.32 +0.00 (0.00%)
Nasdaq 2 895.59 +0.00 (0.00%)
S&P 500 1 377.51 +0.00 (0.00%)
Shanghai 2 068.25 -3.26 (0.16%)
Nikkei 225 8 757.60 -79.55 (0.90%)
Hang Seng 21 430.34 -136.57 (0.63%)
FTSE 100 5 776.05 +0.00 (0.00%)
CAC 40 3 407.68 +0.00 (0.00%)
RTSI 1 409.67 -0.60 (0.04%)
MICEX 1 408.02 +0.23 (0.02%)
USD/RUB 31.51 +0.21 (0.68%)
EUR/RUB 40.22 -0.06 (0.14%)
EUR/USD 1.28 -0.01 (0.81%)
GBP/USD 1.60 -0.00 (0.27%)
OUR CLIENTS