Interros to sell its third of Russia's Power Machines

摘要

Russian industrial group Interros announced it intends to sell its 30.4 percent stake in Russia's largest turbine maker and hydropower equipment supplier, Power Machines.Interros, which is controlled by metals billionaires Vladimir Potanin and Mikhail Prokhorov, sold 25 percent plus one share of the company in 2005 to Russia's giant electric utility, Unified Energy Systems (UES). Germany's Siemens AG also owns a 25 percent plus one share stake, with the remainder held by minority investors. UESrnmanages and holds voting rights for the Interros stake.