Interfax
report the owner of Ukrlandfarming, Oleh Bakhmatiuk, is considering
selling a majority stake in the company.
According to
the news agency, he is in talks with Chinese companies and investors from the
Middle East but did not say what size stake he might sell.
Bakhmatiuk
explained how the main issue is a dispute with the National Bank regarding
the financial debt of his banks and companies.
Earlier this
year, a Ukrainian court approved a request from the central bank to freeze real
estate assets belonging to Bakhmatyuk in connection with the failure of a bank
owned by him to repay $160 million of loans.
Ukrlandfarming produce grain, sugar, livestock and eggs and owns London-listed Avangardco, Europe's largest producer of shell eggs and dry egg products, which
reported a $158 million loss for 2015, from a $26 million loss in 2014.