Rus News Journal

Rosgosstrakh have sold blindly

On Saturday the Russian fund of federal property (Russian Federal Property Fund) has summed up sale of a penultimate share holding Rosgosstrakh . As well as assumed, 39 % of actions of the insurer were redeemed by the investment company the Three Dialogue . It keeps till now a name of the client a secret, promising to declare it tomorrow - in day of last auction. However participants of the market already now consider that the American insurance group AIG became the buyer.

As the head has declared a press - services of the Russian Federal Property Fund Oleg Shevchenko, 39 % of actions of the oldest Russian insurer exposed on sale have been sold for 1 mlrd 333 thousand 333 roubles at the starting price in 1 mlrd roubles. Demands of three investment companies participated in auction - Three Dialogue Dilingmaster and the Prospectus .
For Three Dialogue it not the first participation in the auctions on to Rosgosstrakh . Let`s remind, in September the company has redeemed the first share holding of the insurer - 9 % for 291 million roubles. Representatives Three did not hide that are going to participate and in the second auction on which it was supposed to expose 16 % of shares of company. However in October the Ministry of Property has changed the privatisation plan Rosgosstrakh . Instead of the initial scheme - 9 %; 16 % plus one action; 25 % a minus two actions the state has decided to sell the company differently - 9 %; 39 %; 1 % (wrote about it).
This change has revolted the Three Dialogue - under the old scheme at the second auction and for smaller money the company would redeem for the client blocking package Rosgosstrakh . On conditions of last plan of privatisation the Three has been obliged to participate in the second auctions and to overpay for a package in 39 % of the insurer, otherwise its first acquisition of 9 % lost any meaning.
The participation in the second auctions in most to the Three yesterday have commented so. We have estimated all possible outcomes under the transaction and have made decision to buy the second prize - the chief executive of the company Alexander Chernov has declared. Mister Chernov has refused to answer a question who is their client, having declared only that for the future owner Rosgosstrakh insurance business is profile.
at the moment in the market there are some versions about the one who exactly became the co-owner Rossgostraha . As potential buyers are called: the American insurance group AIG, German insurance group Allianz AG, Slavneft and Rusal . However it is necessary to notice that at Slavneft already there is own insurer - the company Siberia Rusal recently became one of co-owners Ingosstraha . Allianz AG 45,27 % of actions of other insurer - ROSNO own. Besides in ROSNO have denied the version of participation Allianz AG in auction on purchase Rosgosstrakh . They are obliged to warn us about such intentions - the representative of the company has declared.
thus, the most probable buyer Rosgosstrakh remains AIG. As before crisis AIG tried to develop business in Russia, having chosen as the partner gone bankrupt bank SBS - Agro and even asked the price of insurance company ROSNO, which at it has withdrawn Allianz AG. However now in AIG refuse any comments of a situation.
about the one who is the new owner Rosgosstrakh in to the Three Dialogue promised to declare on Tuesday. This day last auction on sale the remained 1 % of shares of company will take place.

TATYANA - GRISHIN