Evraz Group | 25 May 2007 г. | 12:06

Evraz to acquire 50% interest in Yuzhkuzbassugol

Evraz Group S.A. (LSE: EVR) announces that it has reached an agreement to acquire outstanding 50% interest in Yuzhkuzbassugol from existing shareholders, representing the management of the coal company.

The deal is subject to regulatory permissions and Evraz Board of Directors approval.

Further details will be announced after the Board of Directors’ decision.

Source: Metal Supply and Sales
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