The economic development Ministry sent proposals to banks to participate in the organization of the privatization of three state-owned companies — “Bashneft”, ALROSA and VTB. “The Ministry of economic development organized the work on the selection of legal persons for the organization on behalf of the Russian Federation the sale of federally-owned shares “Bashneft”, ALROSA and VTB. Proposals were sent to banks in accordance with the decree of the RF government of 25 October 2010 (includes a list of banks from which the Ministry can take away the organizers of the privatization. — )”, — reported “Interfax” the representative the Ministry of economic development.
Banks have exactly one week — until March 21 to Express their interest in participating in the preparation of privatization, said the representative office. After that continue the procedure for the selection of participants.
Bashneft, ALROSA and VTB are included in the list of the most expensive assets, which intends to privatize the government. The “Troika” of the Ministry of economic development recommended that to reduce the share of Federal property management Agency with 50,08% to 0%, as assigned by the Federal Agency “Golden share”. In ALROSA Finance Minister Anton Siluanov has offered to sell to 10.9%, while maintaining a controlling stake in the Russian Federation and Yakutia. The same package of up to 10.9% — the state plans to sell in VTB that will enable the Bank to maintain control.
The most expensive asset of 19.5% of “Rosneft” — have to privatize its main shareholder Rosneftegaz (not the government), the Directive on the preparation of privatization, including the organizer, first Deputy Prime Minister Igor Shuvalov signed on 20 February.
In a letter to the Ministry of economic development, just talking about sale of 50% of “Bashneft” and 10,9% ALROSA and VTB, said an investment banker familiar with the text of the letter. The spokesman has not yet responded to the request .
Tuesday on the Moscow stock exchange 50% of Bashneft worth 221,9 bn, 10.9% of ALROSA – RUB 56.1 billion, 10.9 per cent of VTB — 106 billion rubles.
Officially about the interest in buying a stake in Bashneft while said only the President of LUKOIL Vagit Alekperov, ALROSA is interested in the owner of “Renova” Viktor Vekselberg.
About the contenders for a stake in VTB is still unknown. But the CEO of the Bank Andrey Kostin has repeatedly said that he does not exclude guidance on the privatization before the end of the year. “I think we need to privatize when this will be appropriate market conditions. Today they are heavy. Not saying impossible, but we need a serious, detailed study”, — he warned in an interview with TV channel “Russia 24” in the middle of February.
On a government list of potential organizers of the privatization of state assets include Goldman Sachs, JP Morgan, Credit Suisse, Deutsche Bank, Morgan Stanley, Barclays, RBS, BNP Paribas, UBS, Citi, UniCredit, Societe Generale, BofA-ML, Raiffeisen, Sberbank CIB, “VTB Capital”, “VEB Capital”, Gazprombank, “the Renaissance the Broker”, Alfa-Bank, MDM Bank and “the Russian auction house”, reminds “Interfax”.