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Russia: RZD authorities approved the plan of selling TransCointainer shares

August 2008.

The board of directors of russian railways (RZD) accepted the plan of selling more shares of the company TransContainer on the Moscow Stock Exchange. It will take place in October 2008.


RZD plans to sell 49 percent of all the company's shares. 15 percent appeared on the stock exchange in January. Remaining 34 percent will be sold on russian and foreign markets: 20 percent in Moscow and 14 percent on the London Stock Exchange.




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