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State railway monopoly Russian Railways has asked the government to postpone the sale of its shares in TransContainer until next year, citing poor market conditions, according to a letter to the First Deputy Prime Minister Igor Shuvalov obtained by Reuters.
The government planned to sell either a blocking or controlling stake in TransContainer, which is more than 50 percent owned by Russian Railways, this year.
Shuvalov's spokesman told Reuters the proposal was under examination.
(source:http://www.ajot.com/welcome.asp) |