The Largest Ukrainian Titanium Company is on Auction on August 31

Tuesday, June 22, 2021
1 MIN
The Largest Ukrainian Titanium Company is on Auction on August 31

The head of the State Property Fund, Dmytro Sennichenko announced the starting price of the auction is $1,4 billion

The auction commission for the sale of PJSC United mining and chemical company (OGHK) has determined the date for holding — the privatization auction will take place on August 31, 2021. This was announced by the head of the state property fund Dmytro Sennichenko on Facebook.


The starting price of the auction is $1,4 billion.

“A wide range of investors, some of whom are foreign, have expressed their preliminary interest in the object. We are counting on high competition and market prices for the sale at a transparent auction,” Sennichenko wrote.

He noted that information about the company's raw materials was disclosed to potential investors.


Read more here: https://good-time-invest.com/blog/approves-conditions-for-the-privatization-of-the-umcc-titanium-ten-investors-bid-for-the-asset/

 

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