15 Feb 2018 10:43

Deal to sell another Kalashnikov Concern stake to private investor closed - Rostec

MOSCOW. Feb 15 (Interfax) - Russian state corporation Rostec has sold another stake in Kalashnikov Concern to a private investor, a Rostec spokesman told Interfax on Thursday.

"The deal to sell a 26% stake minus one share is closed," the spokesman said.

The stake was acquired by incumbent head of Kalashnikov Concern Alexei Krivoruchko and his company TransKomplektHolding, he said.

The latest deal has brought the Kalashnikov stock owned by private investors to 75% minus one share.