Privatization: Regular Privatization Newsletter
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Key takeaways:
- Mass privatization of state-owned property continues in Russia, and involves many of the largest companies in a variety of industries.
- Moscow is privatizing certain city-owned property and, similar to the Federal Government, is engaging investments banks to facilitate the sale of the property. Both the Federal and Moscow Governments are hiring licensed appraisers to provide official property valuations to establish a starting sale price for the property to be privatized.