Russian car producer and Ford JV partner Sollers has acquired a 13.2% stake in its subsidiary UAZ from the government for RUB850.307m at an auction, thus increasing its stake to 79.27%, Russian Auction House said on Friday.
The starting price was set at RUB1.012bn with the minimal possible price set at RUB506.135m, Prime News reported.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
