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03/07/2014
19:28
M&A: FAS Russia extends consideration period for Kelwin application

Russia's Federal Antimonopoly Service has extended the consideration period for the application of Kelwin Ltd for the purchase of a 100% equity stake in Tamerlan LLC and for the right to direct the business of Agrotorg-Samara LLC, the regulatory body informed.

"To ensure the full and comprehensive consideration of the said applications, Kelwin has to submit the duly certified documents and information disclosing the legal reasons for the use of retail facilities in the urban district of Novokuybyshevsk, Samara region, to Russia's Federal Antimonopoly Service on or before July 18, 2014," the statement points out.

The competition authority will consider the documents to be furnished by Kelwin and make a decision on the applications on or before August 23.


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