Mordashov buys 30 pct Power Machines stake -Interros

Newswire

MOSCOW, Sept 24 (Reuters) - Russian billionaire Alexei Mordashov has bought a stake of around 30 percent in turbine maker Power Machines from industrial and financial group Interros, Interros said in a statement on Monday. Interros, the investment vehicle of billionaires Vladimir Potanin and Mikhail Prokhorov, said the stake was sold to a company called Highstat Ltd, controlled by Mordashov, for a price based on Power Machine's current market value.

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