10:40Roman Abramovich has sights set on Veropharm
We believe that the interest displayed by Roman Abramovich's businesses, including Millhouse Capital, in Veropharm may provide a boost to its stock valuations in the near term. We view Millhouse as the main contender for the takeover of a controlling interest in Veropharm from Pharmacy Chain 36.6 if a deal to buy a blocking stake in the company on the open market goes through.
10:39Lukoil consolidates 95% in TGK-8
Lukoil has acquired 95.5% of TGK-8 shares through its subsidiary companies, which enables the oil company to make a forced buyout offer to the genco’s minority holders at a price slightly above the current stock valuations.