[lbo-talk] Russia Set for Sale of the Century in Reverse (FT Interviews Igor Shuvalov)

Charles Brown charlesb at cncl.ci.detroit.mi.us
Fri Oct 31 13:16:43 PDT 2008


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<http://www.ft.com/cms/s/0/fa9deb36-9fb2-11dd-a3fa-000077b07658,dwp_uuid=9170c6b8-7fde-11dd-8eeb-000077b07658.html> Russia set for sale of the century in reverse By Charles Clover and Catherin Belton in Moscow

The Russian state could wind up owning huge chunks of formerly private companies as a result of the bail-out measures it is implementing. A senior Russian policymaker said on Tuesday, however, that the government had no plans to "nationalise" these forfeited shares, but would seek to sell them as soon as market conditions improved.

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