1 Jun 2011 17:08

Globaltrans could hold SPO for buying 75% in Freight One

SOCHI. June 1 (Interfax) - Globaltrans Group could hold an SPO in order to purchase 75% minus two shares in OJSC Freight One, which is being sold by OJSC Russian Railways (RZD), Globaltrans CEO, Sergei Maltsev, told journalists on the sidelines of the Strategic Partnership 1520 in Sochi on Wednesday.

"So far we don't have SPO plans but if we buy it [the controlling packet, Freight One] we'll have a lot of debt. Naturally, we would hold an additional share issue and place a portion of it," he said.