UBRD sold at the starting price only interested buyer

Ukrainian Bank of reconstruction and development was sold at auction without bidding, as interest in buying was only one buyer from China. The auction was broadcast online on the website of the SPF.

Thus, the state stake in UBRD, which is 99.99% of the share capital, sold at a starting price 82,827 million.

“Submitted bid from one buyer, so the object may be sold to such buyer at the proposed price, but not below starting,” – said the auctioneer of the auction.

Recall that the head of the Fund Igor Bilous said that the purchase of the Bank interested in investors from the UK, China and Iran.

Source

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