MOSCOW (AFX) - Stakes in two banks owned by bankrupt Russian oil giant Yukos are to be auctioned off next month, the Interfax news agency reported, citing the federal property fund.
A 7.69-pct stake in VTB Bank Deutschland is to be sold with a starting price of 8.9 mln usd (6.7 mln euros) on April 25, the fund said in an announcement in the official Rossiiskaya Gazeta daily.
On April 26, a 1.998-pct stake in Khanty-Mansiisk Bank will also be sold starting at 6.3 mln usd, the announcement said.
Auctions start on Tuesday for prize assets from Yukos, the energy empire that was built up by jailed oligarch Mikhail Khodorkovsky and was dismembered in a series of inquiries seen by critics as politically motivated.
The court-appointed official overseeing the liquidation, Eduard Rebgun, said earlier this month that the assets will be sold off by August newsdesk@afxnews.com afp/hjp COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited