Requirements of contenders for 25% of Freight One coordinated with govt - Yakunin
ASHGABAT. Oct 17 (Interfax) - Requirements for the selection of the purchaser of 25% of the stock in OJSC Freight One have been coordinated with the government, the president of Russian railways monopoly OJSC Russian Railways (RZD) , Vladimir Yakunin, said in Ashgabat on Wednesday.
"We knew nothing about what kind of reporting they [AFK Sistema ] have. We have our own requirements that have been laid out and coordinated, including with the government. Be so kind as to meet the requirements. If you don't meet them, then your objections go upstairs," Yakunin said regarding the tender for the sale of the 25% stake, in which Vladimir Lisin's holding UCL and AFK Sistema took part.
The stake sale to UCL should be completed before year-end, Yakunin said. Earlier, RZD had selected UCL as the buyer of the stake for 50 billion rubles after "competitive negotiations."