VTB bought 24.8% of TransContainer from Fesco

PrimaMedia IA

VTB today, October 23, became the owner of 24.84% of the shares of the largest railway container operator of Russia PJSC Transcontainer. This is stated in the tape of information disclosure of the state bank.

VTB purchased this package from Fesco , which received funds from it will reduce its debt burden. “Simultaneously with the transaction on the purchase of shares, VTB concluded a delivery forward on the sale of these shares to an outside investor. We do not disclose the counterparty, price parameters and other details of the transaction, ”the bank said.

Fesco owned 25.07% of TransContainer. On October 15, Leila Mammedzade, the chairman of the board of directors of the company, said that Fesco is "in the final, final part" of the negotiations on the sale of the package. According to RBC , the main contenders for the share are Yenisei Capital by Roman Abramovich and Alexander Abramov, who in 2017 acquired 24.5% of TransContainer and announced its intention to increase its stake, and UCL Vladimir Lisin.

A third of Fesco belongs to businessman Ziyavudin Magomedov. He and his brother Magomed were arrested in March in Moscow. They are accused of fraud, embezzlement on a large scale and the organization of the criminal community. Magomedovs deny their guilt.

In August, VTB Group bought 22.25% of the Novorossiysk Bread Products Combine (NKHP) as part of the settlement of the Summa Group’s debt to Ziyavudin Magomedov.

vedomosti.ru