Siberia | Retail, FMCG | Finance, business

NTS to sell 25% shares to IFC?

19 Jan '10
Siberian retailer Novye Torgovye Sistemy (NTS, New Trading Systems) intends to sell part of its business, Kommersant reports.

The stake size is reportedly not to increase controlling share of 25%.

The most likely buyer is International Finance Corporation, however there are other interested buyers, the paper said.

NTS owns franchise rights to open Pyatyorochka stores in Novosibirsk and Altay regions, as well as the Republic of Altay, Patherson stores all over Siberia and Stolichny network.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Latest News: Siberia
25 Jul '14 | Transport, logistics | Technology & innovation
24 Jul '14 | Technology & innovation
23 Jul '14 | Technology & innovation
 

Feature stories

17 Jul '14
Entomologists from St. Petersburg State University...
19 Jun '14
Tomsk-based Technology Market has come up with its...
Search (News archive - 18821)
Russian Venture Capital Market Overview

Latest News

25 Jul '14
Scientists in Novosibirsk appear to have an...
25 Jul '14
Russia has every opportunity to join the global...
24 Jul '14
A university postgraduate in Siberias Tomsk has...

Most read stories from last week

24 Jul '14
Seed-stage residents of the Nizhny Novgorod Business...
24 Jul '14
A university postgraduate in Siberias Tomsk has...
25 Jul '14
Russia has every opportunity to join the global...