REUTERS
In May 2018, BOCE requested the AMCU's preliminary conclusions on the acquisition of over 25% of PFTS shares.
The Antimonopoly Committee of Ukraine (AMCU) has allowed Chinese-based Bohai Commodity Exchange Co., Ltd. (BOCE) to buy more than 25% of shares of the PFTS Stock Exchange located in Kyiv.
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In May 2018, BOCE requested the AMCU's preliminary conclusions on the acquisition of over 25% of PFTS shares, but the application was returned to the applicant due to insufficient information disclosure, according to the AMCU's website.
In late September, the Chinese side re-filed documents, as reported by the news outlet LIGA.net on December 6.
The Ukrainian stock exchange earlier announced its plans to carry out an additional issue of shares and offer them to Bohai Commodity Exchange Co., Ltd.
The State Property Fund (SPF) of Ukraine, on November 30, 2016, announced BOCE the winner in a tender to sell the Ukrainian Bank for Reconstruction and Development as the only participant in the bidding. The Fund and the buyer concluded a deal under which the latter, after the acquisition of the bank's shares, shall bring the bank's charter capital in line with Ukrainian legislation.