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Russian property funds will auction a 5 percent stake in one of the country's biggest machinery and engineering groups, Uralmash, the Federal Property Fund said Monday.
The Federal Securities Corporation and the Sverdlovsk regional property fund will sell 180,319 shares in Uralmash in a series of auctions across the country from Oct. 18 to Nov. 17, the corporation said in a schedule of forthcoming auctions.
The Vologda regional property fund will auction two stakes in nuclear energy exporter Atomenergoeksport on Nov. 20, the Federal Property Fund also said.
The first lot, representing 29 percent of the company, comprises 11,007 shares, and the second lot, a 15 percent stake, is 5,691 shares.
Machinery Giant Will Offer Shares
17 October 1995
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