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Uk Hedge Fund Gets Controlling Interest In Uzbek Leasing Company

by azernews.az posted 3months ago 28 views
A controlling interest in the Uzbek leasing company Alliance Leasing has been acquired by the UK-based hedge fund Sturgeon Central Asia Balanced Fund Ltd., the press service of the Toshkent Republican Stock Exchange, where the deal took place, told Trend. It was earlier announced on the exchange’s website that on Nov. 27 at 10:55, 26.67 million shares of Alliance Leasing worth 8 billion soums were sold. According to the press service, the transaction on the acquisition of 72.21 percent of the shares of the Uzbek company was concluded with Sturgeon Central Asia Balanced Fund Ltd.

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