Monte Valle Buys Yukos Assets For US$138mn

The fourth auction of bankrupt oil company Yukos 's assets took place on April 17, with a tranche of power assets in Central Russia coming under the hammer in the most keenly contested bidding round so far. The winner of the assets, which are located in the Tambov and Belgorod regions of Russia, was mystery outfit Monte Valle , whose US$138mn (RUB3.563bn) bid was at a 35% premium over the start price.

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