Russia to Sell 20% of Novorossiysk Sea Port, Vedomosti Says

The Russian government plans to sell 20 percent of OAO Novorossiysk Commercial Sea Port (NCSP), offering shares on the Moscow, London and New York exchanges, Vedomosti reported, citing unidentified people familiar with the matter.

The offering may be organized as early as next month, the newspaper said.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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