TNK-BP within three months intends to finish preparation of the program on exchange of minority packages of the holding branches shareholders.
01 Oct 2003

TNK-BP within three months intends to finish preparation of the program on exchange of minority packages of the holding branches shareholders. Viktor Vekselberg, TNK-BP chief executive on production, declared this at the conference organized by Brunswick UBS. As he said the philosophy of the program preparation will be correct approach to evaluation of assets to offer fair ratio for minority shareholders of the holding company. Now, V. Vekselberg has remarked, in the structure of the holding company about 400 branches are totaled, therefore preparation of the program on dealing with minority shareholders requires significant time.

CTF Holdings Ltd.

Alfa Group Consortium is one of Russia’s largest privately owned financial-industrial conglomerates, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, media, technology, as well as other industrial-trade and special-situation investments.

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