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News Russian competition body approves Siberian Cement’s purchase of Optic Holding

Russian competition body approves Siberian Cement’s purchase of Optic Holding

Written by Global Cement staff 19 December 2018
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Russia: The Federal Antimonopoly Service (FAS) has approved a merger of Pereval Pit and Angarsk Cement with Optic Holding. Siberian Cement will gain a 99.9% stake in Optic Holding following the deal, according to the AK&M Agency. The application to FAS was made in mid-October 2018. Angarsk Cement is part of Siberian Cement group.

Published in Global Cement News
Tagged under
  • Russia
  • FAS
  • Siberian Cement
  • Acquisition
  • Competition
  • Pereval Pit
  • Angarskcement
  • Optic Holding
  • Finance
  • Service
  • GCW384
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