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
21 Apr '14 | Finance, business | Technology & innovation
17 Apr '14 | Tourism, recreation | Finance, business
11 Apr '14 | Transport, logistics | Technology & innovation
10 Apr '14 | Industry, manufacturing | Technology & innovation
 
Search (News archive - 18768)
Nizhny Novgorod scientists, video (in Russian)

Latest News

24 Apr '14
The Skolkovo Foundation has launched its Skolkovo...
24 Apr '14
MCST, a Russian electronics maker, has completed the...
23 Apr '14

Most read stories from last week

25 Apr '14
These are IT-enabled, and their developers in St....
21 Apr '14
21 Apr '14
Russian scientists have received a grant from...