FAS considers application of EBRD for acquisition of share in Lafarge Vostok

FAS considers application of EBRD for acquisition of share in Lafarge Vostok
Published: 28 June 2011


The Federal Antimonopoly Service (FAS Russia) considered an application of the EBRD for the acquisition of rights to exercise a dominant influence of the entrepreneurial activity of OJSC LafargeCement acquiring 6% of voting shares of Lafarge Vostok, and decided that this transaction does not fall within the Competition Law and does not require the antimonopoly body’s prior approval.