(BFW) Goldman Sachs Buys Another 6% of Russian Developer O1 Properties

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Goldman Sachs Buys Another 6% of Russian Developer O1 Properties
2014-08-29 11:50:26.165 GMT


By Jason Corcoran
Aug. 29 (Bloomberg) -- Goldman Sachs International bought
from Centimila, a subsidiary of O1 Group, a second tranche of
5.1m shares for $100m, according to statement from Russian
property developer.
* Centimila has agreed to invest the $100m in O1 Properties
* Goldman Sachs may sell shares at any time after 27 months
from closing date of initial transaction announced on May 27
* NOTE: Goldman Sachs Purchases 6% of O1 Properties for $100m
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To contact the reporter on this story:
Jason Corcoran in Moscow at +7-495-771-7734 or
jcorcoran13@bloomberg.net
To contact the editors responsible for this story:
Frank Connelly at +33-1-5365-5063 or
fconnelly@bloomberg.net
Steve Bailey