1 Mar 2011 15:36

Lison's UCLH buys 25% of Tuapse port

MOSCOW. March 1 (Interfax) - Nafta T, a member of Vladimir Lisin's Universal Cargo Logistics Holding BV (UCLH), bought the government's 25% of Tuapse Commercial Seaport for its starting price of 1.612 billion rubles at an auction, an Interfax correspondent reports from the auction.

UCLH owned 69.52% of the port prior to the auction.

Three companies bid, two of them representing UCLH.