Russia's Federal Antimonopoly Service granted the application of OJSC Gazprom teploenergo for the acquisition of the right to direct the business of OJSC Teploset, the regulatory body informed.
This right should arise from the contract for trust management services with respect to 24.55% of the voting shares in Teploset. This block of shares has increased Gazprom teploenergo's stake in the company to 50.07%.
Also, Russia's Federal Antimonopoly Service permitted OJSC Gazprom teploenergo to acquire a 24.5% equity stake in Pyatigorskteploservis LLC. As a result of this transaction, Gazprom teploenergo will consolidate 50% of Pyatigorskteploservis's authorized capital.
OJSC Gazprom teploenergo (previously called Mezhregionteploenergo) is a subsidiary of Gazprom mezhregiongaz LLC comprising 28 regional heat production companies generating and supplying thermal power and hot water, implementing thermal power investment projects in 23 subjects of the Russian Federation.
OJSC Teploset and Pyatigorskteploservis LLC (Pyatigorsk, Stavropol Krai) are both engaged in the production of steam and hot water.
AK&M "M&A Market"
"AK&M", 22.04.2014 14:44