Ukraine plant privatisation flops
Financial Times (Free subscription) | 09/30/2009
An attempt by Ukraine's cash-strapped government to raise revenue by privatising a chemical plant flopped yesterday, damaging the country's prospects of pulling out of recession amid bitter political rivalries.Kiev's privatisation agency cancelled the privatisation of Odessa Portside Plant, saying the offer of $600m (€412m, £377m) from a company representing Igor Kolomoisky, a billionaire,...