February 10, 2017 / 2:57 PM / 7 months ago

Russia's Avtovaz to offer shares worth 9.25 bln rbls - Interfax

MOSCOW, Feb 10 (Reuters) - Avtovaz, Russia’s largest carmaker, will offer investors 9.25 billion roubles ($158.00 million) of shares in a secondary share offering, Interfax news agency reported on Friday.

Avtovaz is offering shares at 10.3 roubles apiece, Interfax said, adding the shares would be placed via a closed subscription with Alliance Rostec Auto B.V. as a potential buyer.

$1 = 58.5450 roubles Reporting by Katya Golubkova; Editing by Alexander Winning

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