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Russia's Evraz to sell Kryvy Rih plant for $110 million to SCH Group
Journal Staff Report

MOSCOW/KIEV, May 29 - Evraz (Russia) has entered into an agreement to sell its PJSC Evraz Sukha Balka iron ore mining and beneficiation plant in Ukraine (ESB, Kryvy Rih, Dnipropetrovsk region) to a firm belonging to Oleksandr Yaroslavsky's DCH Group for $110 million excluding debt, Evraz said in a statement.

"Berklemond Investments Ltd, part of Oleksandr Yaroslavsky's DCH Group, has acquired Evraz Sukha Balka. The deal amounted to $110 million, which is comparable to the level of working capital and the debt of the iron ore enterprise," DCH said.




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