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GEM Capital offers $25 mln for 100% in Russia’s Volga Gas
MOSCOW, Dec 14 (PRIME) International investment company GEM Capital has sent a U.S. $25.2 million offer to buy 100% in Russian independent oil and gas company Volga Gas, GEM Capital said in a statement on Monday.
“Today, GEM Capital has presented an official share buyback offer to all shareholders of Volga Gas,” the company’s founder Anatoly Paliy said.
The offer supposes that each owner of Volga Gas shares will get 23.71 British pennies per share, driving the total offer to 19.16 million British pounds, or an equivalent of $25.2 million.
Volga Gas is engaged in geological exploration and production of oil, natural gas, and gas condensate in the Saratov and Volgograd region and in the republic of Bashkortostan. The company owns licenses for five oil and gas deposits. ....

Yaroslavskaya Oblast , Volgogradskaya Oblast , United Kingdom , Anatoly Paliy , Volga Gas , Baring Vostok Capital Partners , Federal Antimonopoly Service , ஒன்றுபட்டது கிஂக்டம் , வோல்கா வாயு ,