11:00TGK-10: generous offer
The TGK-10 genco is set to make a buyout offer to shareholders that were on its shareholder register as of September 25, 2008. The buyout price of RUB 109.2 per share markedly exceeds the company's current stock valuations. However, in our view, the offer will not have a tangible impact on the company's market value, as it will be confined only to the investors that owned TGK-10 shares on the above-indicated date.
10:55M Video posts positive 9M 2008 financials
We are positive above the number of new M Video store openings in 9M 2008, which should boost its sales in annual terms.
0.234
30.89
