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Group DF to buy 51% state Zaporizhia Titanium and Magnesium stake
Journal Staff Report

KIEV, Sept. 20 - Dmytro Firtash's Group DF, which holds 49% of Zaporizhia Titanium and Magnesium Combine LLC, will use its top-priority right to buy 51% of state-owned shares that the Ukrainian government announced for privatization, Group DF Managing Director Borys Krasniansky has said.

"Of course, we are interested [in participating in privatization]. We understand its business. Zaporizhia Titanium and Magnesium Combine is under our operative management despite the fact that it is in joint ownership. We have the top-priority right [to buy the state-owned shares] and will use it," he told Interfax-Ukraine on the sidelines of the 13th Annual Meeting of the Yalta European Strategy in Kiev last week.




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