Ukrtelecom plan to sell until February 25

Property Fund predicts that the sales contract Ukrtelecom be signed before February 25, 92.79% stake in telecommunications company buys a company Yeosu (Kiev), subsidiary of the Austrian financial investment consortium EPIC. "I think the treaty will be signed no later than February 25," - said the chairman of the SPF Alexander Ryabchenko at a meeting of a special committee of the Verkhovna Rada on Privatization. As reported by "Ukrainian News" verbal confirmation of the readiness of Yeosu buy Ukrtelecom for 10.575 billion USD have already been received, in writing - is expected next week. After signing the purchase agreement within 35 days, the investor must pay the first half of the amount over the next 35 - the remaining funds. After that, the parties must sign the acceptance certificate of transfer of shares. "We expect that the deadline calculation - somewhere in April 25 - said Ryabchenko.