Russia Weighs TransContainer Stake Sale to Partner or Swap Deal

Russia is considering selling a stake in OAO TransContainer to a strategic investor or through a swap deal, First Deputy Prime Minister Igor Shuvalov said.

The government is weighing all options including selling shares on the market, Shuvalov told reporters at the World Economic Forum in Davos.

TransContainer is a unit of Russia’s railway monopoly.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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