FAR-EASTERN ENERGY COMPANY Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MISX:HYDR) agreed to acquire a 41.98% stake in Public joint stock company FAR-EASTERN ENERGY COMPANY (MISX:DVEC) from Andrey Melnichenko on September 23, 2019. Under the transaction, Andrey Melnichenko agreed to swap several assets including Luchegorsky coal mine and Primorskaya. The Federal Antimonopoly service of the Russian Federation has approved the share swap.
The transaction is approved by the Board of Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro in the meeting. The transaction is expected to complete by the end of 2019.
