Friday, October 01, 2010

100% stake in Novatek-Polymer sold to SIBUR Holding

NOVATEK has completed a deal to sell 100% of NOVATEK-Polymer to SIBUR Holding, the company reported in a news release. 32% of its stake in NOVATEK-Polymer was handed over on September 2, when the deall was made, while the balance 68% was transferred after the Federal Antimonopoly Service (FAS) approval for the transaction.

For more details on 100% stake in Novatek-Polymer sold to SIBUR Holding click here

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